Romios Gold Resources (CVE:RG) Sets New 52-Week Low – Here’s Why

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 27000 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.01. 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 stock has a market capitalization of C$4.13 million, a P/E ratio of -1.50 and a beta of 1.61.

About Romios Gold Resources

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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.

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