RTG Mining (TSE:RTG) Hits New 1-Year High – What’s Next?

RTG Mining Inc. (TSE:RTG) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 10000 shares traded. The stock had previously closed at C$0.04.

RTG Mining Stock Up 25.0%

The company’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03. The company has a current ratio of 2.58, a quick ratio of 3.19 and a debt-to-equity ratio of 16.36. The firm has a market cap of C$64.90 million, a P/E ratio of -18.52 and a beta of 0.27.

RTG Mining (TSE:RTG) last released its quarterly earnings results on Friday, March 27th. The company reported C$0.10 earnings per share for the quarter.

RTG Mining Company Profile

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. The company’s other projects include The Bunawan project and the Nalesbitan Project.