Clarus Securities Upgrades Roscan Gold (CVE:ROS) to Moderate Buy

Clarus Securities upgraded shares of Roscan Gold (CVE:ROS) to a moderate buy rating in a research report released on Tuesday,Zacks.com reports.

Roscan Gold Stock Performance

CVE:ROS remained flat at C$0.06 on Tuesday. 1,813 shares of the company traded hands, compared to its average volume of 341,710. The stock has a market cap of C$25.71 million, a PE ratio of -7.26 and a beta of 1.18. The company has a quick ratio of 0.31, a current ratio of 0.04 and a debt-to-equity ratio of -55.84. The company’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.08. Roscan Gold has a fifty-two week low of C$0.05 and a fifty-two week high of C$0.12.

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.