Roscan Gold (CVE:ROS) Trading 3.9% Higher – Time to Buy?

Roscan Gold Co. (CVE:ROS)’s stock price traded up 3.9% during mid-day trading on Tuesday . The company traded as high as C$0.27 and last traded at C$0.27. 159,615 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 389,806 shares. The stock had previously closed at C$0.26.

Roscan Gold Stock Performance

The company has a market capitalization of C$111.82 million, a PE ratio of -42.50 and a beta of 2.69. The company has a debt-to-equity ratio of -71.99, a quick ratio of 0.31 and a current ratio of 0.22. The stock’s fifty day simple moving average is C$0.22 and its 200-day simple moving average is C$0.16.

Roscan Gold Company Profile

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.