Renegade Gold (CVE:TGM) Stock Passes Below 200-Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . 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 trading hands.

Renegade Gold Trading Down 12.5%

The stock has a market capitalization of C$1.05 million, a PE ratio of -0.25 and a beta of 0.85. The company has a quick ratio of 1.70, a current ratio of 0.87 and a debt-to-equity ratio of 3.49. The business’s 50-day moving average is C$0.07 and its two-hundred day moving average is 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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