RTG Mining (TSE:RTG) Sets New 12-Month High – Still a Buy?

RTG Mining Inc. (TSE:RTGGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.04, with a volume of 557750 shares trading hands. The stock had previously closed at C$0.04.

RTG Mining Trading Up 12.5%

The company has a market cap of C$86.39 million, a price-to-earnings ratio of -16.67 and a beta of 0.97. The company’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a debt-to-equity ratio of 16.36, a quick ratio of 3.19 and a current ratio of 2.58.

About RTG Mining

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RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company’s other projects include The Bunawan project and the Nalesbitan Project.

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