Romios Gold Resources (CVE:RG) Reaches New 12-Month Low – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 27000 shares changing hands. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The firm has a market cap of C$4.13 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.01. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

About Romios Gold Resources

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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.

Further Reading

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