RT Minerals (CVE:RTM) Sets New 52-Week Low – What’s Next?

RT Minerals Corp (CVE:RTM)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 3000 shares trading hands. The stock had previously closed at C$0.04.

RT Minerals Price Performance

The company has a debt-to-equity ratio of 697.48, a current ratio of 0.31 and a quick ratio of 0.09. The firm has a market capitalization of C$442,520.00, a price-to-earnings ratio of -2.00 and a beta of 2.52. The business’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06.

RT Minerals Company Profile

RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold, base metal, and rare earth elements. The company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property that consists of 15 unpatented single cell mining claims covering an area of 220 hectares in one claim block located in the Town of Kirkland Lake, Ontario. In addition, it holds a 100% royalty-free interest in the Ireland rare earth element property comprising 52 claims covering an area of 421 hectares located in northeast of Smooth Rock Falls, Ontario; Timmins base metal property and Milligan property located in northeast of Timmins, Ontario; and Blakelock and McQuibban gold properties located in northeast of Cochrane, Ontario.