Renegade Gold (CVE:TGM) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares traded.

Renegade Gold Stock Down 12.5 %

The stock has a market capitalization of C$1.05 million, a P/E ratio of -0.07 and a beta of 0.85. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.17 and a quick ratio of 1.70. The stock has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.07.

About Renegade Gold

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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