Renegade Gold (CVE:TGM) Stock Price Breaks Below Two Hundred Day Moving Average – Here’s Why

Shares of Renegade Gold Inc. (CVE:TGM – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares.

Renegade Gold Price Performance

The company has a debt-to-equity ratio of 3.49, a current ratio of 0.87 and a quick ratio of 1.70. The firm has a market cap of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 0.85. The stock has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.07.

About Renegade Gold

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district. The company was formerly known as Confederation Minerals Ltd. and changed its name to Trillium Gold Mines Inc in June 2020. Trillium Gold Mines Inc was incorporated in 2005 and is headquartered in Vancouver, Canada.

See Also

Receive News & Ratings for Renegade Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renegade Gold and related companies with MarketBeat.com's FREE daily email newsletter.