Renegade Gold (CVE:TGM) Stock Passes Below 200-Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 471,212 shares traded.

Renegade Gold Stock Performance

The company has a market capitalization of C$1.05 million, a P/E ratio of -0.07 and a beta of 0.85. The business has a 50-day moving average of C$0.07 and a 200-day moving average of C$0.07. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.17 and a quick ratio of 1.70.

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.

Further Reading

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