Romios Gold Resources (CVE:RG) Trading Down 25% – Time to Sell?

Romios Gold Resources Inc. (CVE:RG) fell 25% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 130,500 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Up 25.0 %

The firm has a market cap of C$6.89 million, a P/E ratio of -1.50 and a beta of 1.61. The stock’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

Romios Gold Resources Company Profile

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.