Romios Gold Resources (CVE:RG) Shares Down 25% – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price fell 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 130,500 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The business’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The stock has a market capitalization of C$4.13 million, a price-to-earnings ratio of -1.50 and a beta of 1.61.

Romios Gold Resources Company Profile

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Romios Gold Resources Inc engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Golden Triangle Area project covering an area of 45,105 hectares located in British Columbia; and 20% interest in the Thunder Bay silver district project comprising 87 claims covering an area of 1,853 hectares located in northwestern Ontario.

Further Reading

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