Roscan Gold (CVE:ROS) Hits New 52-Week High – Time to Buy?

Shares of Roscan Gold Co. (CVE:ROSGet Free Report) reached a new 52-week high on Monday . The stock traded as high as C$0.20 and last traded at C$0.19, with a volume of 202441 shares traded. The stock had previously closed at C$0.18.

Roscan Gold Stock Performance

The stock has a 50-day moving average of C$0.15 and a 200-day moving average of C$0.12. The firm has a market cap of C$92.09 million, a price-to-earnings ratio of -35.00 and a beta of 2.78. The company has a debt-to-equity ratio of -55.84, a quick ratio of 0.31 and a current ratio of 0.04.

About Roscan Gold

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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. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

Further Reading

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