Roscan Gold (CVE:ROS) Trading Down 6.7% – Here’s Why
by Tristan Rich · The Markets DailyRoscan Gold Co. (CVE:ROS – Get Free Report) traded down 6.7% on Friday . The stock traded as low as C$0.14 and last traded at C$0.14. 144,527 shares changed hands during trading, a decline of 57% from the average session volume of 334,608 shares. The stock had previously closed at C$0.15.
Roscan Gold Trading Down 6.7%
The business has a fifty day simple moving average of C$0.17 and a 200-day simple moving average of C$0.19. The company has a debt-to-equity ratio of -89.25, a quick ratio of 0.31 and a current ratio of 0.25. The firm has a market cap of C$61.39 million, a price-to-earnings ratio of -12.73 and a beta of 3.08.
About Roscan Gold
Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.