Roscan Gold (CVE:ROS) Sets New 12-Month Low – Time to Sell?

Roscan Gold Co. (CVE:ROS)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 1631000 shares traded. The stock had previously closed at C$0.06.

Analyst Upgrades and Downgrades

Separately, Clarus Securities upgraded shares of Roscan Gold to a “moderate buy” rating in a research report on Tuesday.

Roscan Gold Stock Performance

The firm has a market cap of C$23.57 million, a P/E ratio of -6.65 and a beta of 1.18. The company has a current ratio of 0.04, a quick ratio of 0.31 and a debt-to-equity ratio of -55.84. The business’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.08.

About Roscan Gold

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.