Romios Gold Resources (CVE:RG) Trading Up 12.5% – What’s Next?

Shares of Romios Gold Resources Inc. (CVE:RG) traded up 12.5% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 1,658,000 shares changed hands during mid-day trading, an increase of 386% from the average session volume of 341,066 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Trading Up 25.0%

The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The business has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a market cap of C$16.40 million, a PE ratio of -13.51 and a beta of 3.31.

About Romios Gold Resources

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. The company holds interest in 109 gold-silver-copper claims, and 22 Lode claims in located in Nevada.