RTG Mining (TSE:RTG) Shares Up 16.7% – Time to Buy?

RTG Mining Inc. (TSE:RTGGet Free Report)’s share price shot up 16.7% during trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. 375,145 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 233,961 shares. The stock had previously closed at C$0.03.

RTG Mining Stock Up 16.7%

The company has a debt-to-equity ratio of 16.36, a quick ratio of 3.19 and a current ratio of 2.58. The firm has a market cap of C$66.91 million, a price-to-earnings ratio of -7.78 and a beta of -0.45. The business’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.03.

RTG Mining Company Profile

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RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines.

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