Romios Gold Resources (CVE:RG) Stock Price Up 33.3% – Here’s Why

Shares of Romios Gold Resources Inc. (CVE:RG) were up 33.3% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 385,000 shares changed hands during trading, an increase of 112% from the average daily volume of 181,228 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The company has a market capitalization of C$5.51 million, a P/E ratio of -1.50 and a beta of 1.61.

About Romios Gold Resources

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.