Roscan Gold (CVE:ROS) Stock Price Down 15.4% – Time to Sell?

Roscan Gold Co. (CVE:ROS – Get Free Report)’s share price dropped 15.4% during trading on Monday. The company traded as low as C$0.11 and last traded at C$0.11. 472,136 shares changed hands during trading, an increase of 62% from the average session volume of 291,378 shares. The stock had previously closed at C$0.13.

Roscan Gold Trading Up 4.2%

The firm has a market cap of C$56.67 million, a P/E ratio of -10.42 and a beta of 3.38. The firm’s fifty day moving average is C$0.18 and its two-hundred day moving average is C$0.19. The company has a quick ratio of 0.31, a current ratio of 0.09 and a debt-to-equity ratio of -72.51.

About Roscan Gold

(Get Free Report)

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

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