Renegade Gold (CVE:TGM) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 471,213 shares.

Renegade Gold Stock Down 12.5 %

The company has a market capitalization of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85. The stock’s fifty day moving average is C$0.07 and its two-hundred day moving average is 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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