Romios Gold Resources (CVE:RG) Reaches New 1-Year Low – Should You Sell?

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.01, with a volume of 3000 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The stock has a market cap of C$4.13 million, a PE ratio of -1.50 and a beta of 1.61. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

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.

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