Renaissance Gold Inc. (REN.V) (CVE:REN) Trading 7% Higher – Still a Buy?

Renaissance Gold Inc. (REN.V) (CVE:REN)’s share price was up 7% during trading on Tuesday . The company traded as high as C$0.62 and last traded at C$0.61. 70,138 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Stock Up 7.0%

The company has a market cap of C$41.80 million and a P/E ratio of -17.43. The company has a quick ratio of 16.48, a current ratio of 16.75 and a debt-to-equity ratio of 6.18. The firm has a fifty day moving average price of C$0.61 and a 200 day moving average price of C$0.61.

About Renaissance Gold Inc. (REN.V)

Renaissance Gold Inc, an exploration stage company, engages in the acquisition and exploration of mineral properties located in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah. The company was incorporated in 2010 and is headquartered in Reno, Nevada.