Romios Gold Resources (CVE:RG) Hits New 12-Month Low – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 41000 shares traded. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Up 50.0 %

The firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.01. The company has a market cap of C$4.13 million, a P/E ratio of -1.50 and a beta of 1.61. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09.

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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