Roscan Gold (CVE:ROS) Shares Down 13.3% – Here’s What Happened

Roscan Gold Co. (CVE:ROS – Get Free Report) was down 13.3% during trading on Wednesday. The stock traded as low as C$0.13 and last traded at C$0.13. 87,500 shares changed hands during trading, a decline of 70% from the average session volume of 287,188 shares. The stock had previously closed at C$0.15.

Roscan Gold Stock Performance

The company’s 50-day moving average is C$0.17 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. The company has a market capitalization of C$58.94 million, a P/E ratio of -10.83 and a beta of 3.07.

Roscan Gold Company Profile

(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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