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

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price reached a new 52-week low on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 11000 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09. The firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.01. The stock has a market capitalization of C$2.76 million, a PE 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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