Roscan Gold (CVE:ROS) Hits New 52-Week Low – Here’s Why

Roscan Gold Co. (CVE:ROS) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.05, with a volume of 610518 shares changing hands. The stock had previously closed at C$0.06.

Analyst Upgrades and Downgrades

Separately, Clarus Securities raised Roscan Gold to a “moderate buy” rating in a research report on Tuesday, February 18th.

Roscan Gold Trading Down 9.1 %

The business’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.07. The company has a debt-to-equity ratio of -55.84, a current ratio of 0.04 and a quick ratio of 0.31. The firm has a market cap of C$21.43 million, a P/E ratio of -6.05 and a beta of 1.18.

Roscan Gold Company Profile

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa.