Romios Gold Resources (CVE:RG) Shares Down 33.3% – Here’s Why

Romios Gold Resources Inc. (CVE:RG) was down 33.3% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 407,010 shares changed hands during trading, an increase of 170% from the average daily volume of 150,753 shares. The stock had previously closed at C$0.03.

Romios Gold Resources Price Performance

The firm has a market capitalization of C$5.51 million, a PE ratio of -1.50 and a beta of 1.61. The firm’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.02. The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09.

Romios Gold Resources Company Profile

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.