Romios Gold Resources (CVE:RG) Trading Down 25% – Should You Sell?

Romios Gold Resources Inc. (CVE:RG – Get Free Report)’s stock price fell 25% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,364,333 shares traded hands during mid-day trading, an increase of 833% from the average session volume of 146,243 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Price Performance

The business has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.03. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The firm has a market cap of C$9.84 million, a PE ratio of -13.51 and a beta of 3.06.

About Romios Gold Resources

(Get Free Report)

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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