Renegade Gold (CVE:TGM) Shares Pass Below 200-Day Moving Average – Time to Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,212 shares trading hands.

Renegade Gold Stock Down 12.5 %

The stock has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85. The firm has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65.

Renegade Gold Company Profile

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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