Romios Gold Resources (CVE:RG) Reaches New 1-Year High – Still a Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02, with a volume of 354800 shares changing hands. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

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$5.51 million, a PE ratio of -1.50 and a beta of 1.61. The stock has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

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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