RT Minerals (CVE:RTM) Trading 24.1% Higher – Still a Buy?

Shares of RT Minerals Corp (CVE:RTM) traded up 24.1% on Saturday . The company traded as high as C$0.18 and last traded at C$0.18. 146,319 shares traded hands during trading, an increase of 461% from the average session volume of 26,064 shares. The stock had previously closed at C$0.15.

RT Minerals Price Performance

The stock has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.13. The stock has a market capitalization of C$1.36 million, a price-to-earnings ratio of 0.18 and a beta of 2.85. The company has a current ratio of 0.31, a quick ratio of 0.09 and a debt-to-equity ratio of 697.48.

About RT Minerals

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.