Rogue Resources (CVE:RRS) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Rogue Resources Inc. (CVE:RRS) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.06. Rogue Resources shares last traded at C$0.04, with a volume of 82,000 shares traded.

Rogue Resources Stock Down 30.0%

The stock has a market capitalization of C$1.26 million, a P/E ratio of -1.17 and a beta of 1.77. The company has a current ratio of 0.52, a quick ratio of 0.08 and a debt-to-equity ratio of 101.08. The stock’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04.

About Rogue Resources

Rogue Resources Inc, a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company explores for silica, nickel, copper, and iron ore deposits. Its properties include the Snow White project in Ontario; Shadow Lake Quarry located in Ontario; the Silicon Ridge project located in Québec; and the Radio Hill iron ore project located to the southwest of Timmins, Ontario.