Romios Gold Resources (CVE:RG) Stock Price Down 25% – Time to Sell?

Romios Gold Resources Inc. (CVE:RGGet Free Report) was down 25% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,364,333 shares were traded during trading, an increase of 833% from the average daily volume of 146,243 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Trading Down 25.0%

The company has a market cap of C$9.84 million, a price-to-earnings ratio of -13.51 and a beta of 3.06. 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 business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.03.

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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