Romios Gold Resources (CVE:RG) Trading Down 25% – Time to Sell?

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) dropped 25% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares changed hands during trading, a decline of 23% from the average daily volume of 169,910 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14. The firm has a market capitalization of C$6.89 million, a PE ratio of -1.50 and a beta of 1.61. The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02.

Romios Gold Resources Company Profile

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Romios Gold Resources Inc engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Golden Triangle Area project covering an area of 45,105 hectares located in British Columbia; and 20% interest in the Thunder Bay silver district project comprising 87 claims covering an area of 1,853 hectares located in northwestern Ontario.

Further Reading

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