RT Minerals (CVE:RTM) Shares Up 24.1% – Still a Buy?

RT Minerals Corp (CVE:RTM) shot up 24.1% on Saturday . The company traded as high as C$0.18 and last traded at C$0.18. 146,319 shares changed hands during mid-day trading, an increase of 461% from the average session volume of 26,064 shares. The stock had previously closed at C$0.15.

RT Minerals Stock Performance

The company has a market capitalization of C$1.36 million, a P/E ratio of 0.18 and a beta of 2.85. The company has a debt-to-equity ratio of 697.48, a current ratio of 0.31 and a quick ratio of 0.09. The stock’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.13.

RT Minerals Company Profile

RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold, base metal, and rare earth elements. The company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property that consists of 15 unpatented single cell mining claims covering an area of 220 hectares in one claim block located in the Town of Kirkland Lake, Ontario.