Romios Gold Resources (CVE:RG) Hits New 52-Week High – Still a Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02, with a volume of 397000 shares changing hands. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The firm has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a market capitalization of C$5.51 million, a price-to-earnings ratio of -1.50 and a beta of 1.61.

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.

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