Romios Gold Resources (CVE:RG) Stock Price Up 50% – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price rose 50% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 357,000 shares were traded during trading, an increase of 166% from the average daily volume of 134,290 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14. The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market capitalization of C$8.27 million, a P/E ratio of -1.50 and a beta of 1.61.

About Romios Gold Resources

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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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