Renegade Gold (CVE:TGM) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of Renegade Gold Inc. (CVE:TGM – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,212 shares.

Renegade Gold Trading Down 12.5 %

The business has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.07. The firm has a market cap of C$1.05 million, a P/E ratio of -0.07 and a beta of 0.85. The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65.

About Renegade Gold

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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