Renegade Gold (CVE:TGM) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares traded.

Renegade Gold Price Performance

The company has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85. The company has a quick ratio of 1.70, a current ratio of 0.17 and a debt-to-equity ratio of 3.65. The company has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07.

About Renegade Gold

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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