Rogue Resources (CVE:RRS) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Rogue Resources Inc. (CVE:RRSGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.04 and traded as low as C$0.04. Rogue Resources shares last traded at C$0.04, with a volume of 82,000 shares.

Rogue Resources Trading Down 30.0%

The stock has a market cap of C$1.26 million, a price-to-earnings ratio of -1.17 and a beta of 1.77. The company has a debt-to-equity ratio of 101.08, a current ratio of 0.52 and a quick ratio of 0.08. The company’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.04.

About Rogue Resources

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Rogue Resources Inc, a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company explores for silica, nickel, copper, and iron ore deposits. Its properties include the Snow White project in Ontario; Shadow Lake Quarry located in Ontario; the Silicon Ridge project located in Québec; and the Radio Hill iron ore project located to the southwest of Timmins, Ontario. The company also has 100% interest in the Speiran Quarry located near the town of Orillia; and 85% interest in the Johnston Farm Quarry located to the northeast of the town of Bobcaygeon.

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