Romios Gold Resources (CVE:RG) Reaches New 1-Year Low – What’s Next?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Up 50.0 %

The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14. The firm has a market capitalization of C$4.13 million, a price-to-earnings 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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