RTG Mining (TSE:RTG) Trading Down 28.6% – Here’s What Happened

RTG Mining Inc. (TSE:RTGGet Free Report) shares were down 28.6% during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 187,560 shares traded hands during trading, a decline of 20% from the average daily volume of 233,143 shares. The stock had previously closed at C$0.04.

RTG Mining Price Performance

The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a current ratio of 2.58, a quick ratio of 3.19 and a debt-to-equity ratio of 16.36. The stock has a market cap of C$47.79 million, a price-to-earnings ratio of -5.56 and a beta of -0.45.

About RTG Mining

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RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines.

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