Roscan Gold (CVE:ROS) Hits New 1-Year Low – What’s Next?

Roscan Gold Co. (CVE:ROSGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 273647 shares traded. The stock had previously closed at C$0.07.

Roscan Gold Stock Performance

The firm’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.08. The company has a market cap of C$25.88 million, a price-to-earnings ratio of -6.50 and a beta of 1.18. The company has a current ratio of 0.04, a quick ratio of 0.31 and a debt-to-equity ratio of 0.24.

Roscan Gold Company Profile

(Get Free Report)

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa.

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