Reunion Gold (CVE:RGD) Stock Crosses Below 200-Day Moving Average of $0.23

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Reunion Gold Co. (CVE:RGD) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.23 and traded as low as $0.18. Reunion Gold shares last traded at $0.18, with a volume of 38,000 shares traded.

The company has a 50-day moving average price of C$0.23 and a two-hundred day moving average price of C$0.23. The company has a debt-to-equity ratio of 5.06, a current ratio of 4.33 and a quick ratio of 4.26. The company has a market cap of $75.12 million and a PE ratio of -3.62.

Reunion Gold (CVE:RGD) last issued its earnings results on Friday, August 16th. The mining company reported C($0.01) earnings per share for the quarter.

In related news, Senior Officer Joachim Bayah sold 300,000 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of C$0.28, for a total value of C$82,830.00. Following the transaction, the insider now owns 303,000 shares in the company, valued at C$83,658.30.

About Reunion Gold (CVE:RGD)

Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral properties in South America. The company primarily explores for gold deposits. It holds an option to acquire interest in six gold projects in French Guiana and Guyana. Reunion Gold Corporation has a strategic alliance with Barrick Gold Corporation to explore for, develop, and mine various mineral projects in the Guiana Shield, including Guyana, Suriname, French Guiana, and the north and northeast regions of Brazil.

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