Romios Gold Resources (CVE:RG) Shares Down 25% – Time to Sell?

Shares of Romios Gold Resources Inc. (CVE:RG) traded down 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 130,500 shares were traded during mid-day trading, a decline of 25% from the average session volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The stock has a market cap of C$4.13 million, a P/E ratio of -1.50 and a beta of 1.61. The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

Romios Gold Resources Company Profile

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.