Romios Gold Resources (CVE:RG) Trading Down 25% – What’s Next?

Romios Gold Resources Inc. (CVE:RG) shares fell 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 130,500 shares were traded during mid-day trading, a decline of 25% from the average session volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Up 25.0 %

The business has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The company has a market cap of C$6.89 million, a price-to-earnings ratio of -1.50 and a beta of 1.61.

Romios Gold Resources Company Profile

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.