Roscan Gold (CVE:ROS) Stock Price Down 12.5% – Here’s What Happened

Shares of Roscan Gold Co. (CVE:ROS – Get Free Report) traded down 12.5% during trading on Tuesday. The company traded as low as C$0.17 and last traded at C$0.17. Approximately 407,020 shares traded hands during trading, an increase of 34% from the average daily volume of 303,636 shares. The stock had previously closed at C$0.20.

Roscan Gold Stock Down 12.5%

The firm has a market capitalization of C$76.74 million, a PE ratio of -15.91 and a beta of 3.33. The company has a current ratio of 0.25, a quick ratio of 0.31 and a debt-to-equity ratio of -89.25. The firm has a 50-day moving average of C$0.19 and a two-hundred day moving average of C$0.19.

About Roscan Gold

(Get Free Report)

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. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

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