Roscan Gold (CVE:ROS) Sets New 12-Month Low – Here’s What Happened

Roscan Gold Co. (CVE:ROS) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 1631000 shares. The stock had previously closed at C$0.06.

Wall Street Analysts Forecast Growth

Separately, Clarus Securities upgraded Roscan Gold to a “moderate buy” rating in a research note on Tuesday.

Roscan Gold Trading Down 8.3 %

The company has a debt-to-equity ratio of -55.84, a current ratio of 0.04 and a quick ratio of 0.31. The company has a market cap of C$23.57 million, a PE ratio of -6.65 and a beta of 1.18. The firm’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.08.

About Roscan Gold

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.