Roscan Gold Co. (CVE:ROS – Get Free Report) shares fell 13.3% during trading on Wednesday. The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 87,500 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 287,188 shares. The stock had previously closed at C$0.15.
Roscan Gold Trading Down 16.7%
The company has a 50 day moving average of C$0.17 and a 200 day moving average of C$0.19. The company has a debt-to-equity ratio of -72.51, a quick ratio of 0.31 and a current ratio of 0.09. The stock has a market capitalization of C$56.67 million, a price-to-earnings ratio of -10.42 and a beta of 3.07.
Roscan Gold Company Profile
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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