Roscan Gold (CVE:ROS) Hits New 12-Month High – Still a Buy?

by · The Markets Daily

Shares of Roscan Gold Co. (CVE:ROS – Get Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.17 and last traded at C$0.17, with a volume of 80106 shares. The stock had previously closed at C$0.17.

Roscan Gold Stock Up 3.0%

The company has a debt-to-equity ratio of -55.84, a quick ratio of 0.31 and a current ratio of 0.04. The firm has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.11. The firm has a market cap of C$74.55 million, a price-to-earnings ratio of -28.33 and a beta of 2.89.

Roscan Gold Company Profile

(Get Free Report)

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.

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