Romios Gold Resources (CVE:RG) Reaches New 52-Week Low – Here’s Why

Romios Gold Resources Inc. (CVE:RG – Get Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Down 33.3 %

The stock has a market cap of C$2.76 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. 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 company’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01.

Romios Gold Resources Company Profile

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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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