Renaissance Gold Inc. (REN.V) (CVE:REN) Shares Up 7% – Here’s What Happened

Renaissance Gold Inc. (REN.V) (CVE:REN) shot up 7% during mid-day trading on Tuesday . The company traded as high as C$0.62 and last traded at C$0.61. Approximately 70,138 shares were traded during mid-day trading, a decline of 32% from the average session volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Stock Performance

The firm’s fifty day moving average is C$0.61 and its 200 day moving average is C$0.61. The firm has a market capitalization of C$41.80 million and a price-to-earnings ratio of -17.43. The company has a debt-to-equity ratio of 6.18, a current ratio of 16.75 and a quick ratio of 16.48.

Renaissance Gold Inc. (REN.V) Company Profile

Renaissance Gold Inc, an exploration stage company, engages in the acquisition and exploration of mineral properties located in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah. The company was incorporated in 2010 and is headquartered in Reno, Nevada.