Romios Gold Resources (CVE:RG) Shares Down 25% – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price dropped 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Down 25.0 %

The business has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a market cap of C$4.13 million, a price-to-earnings 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.

Romios Gold Resources Company Profile

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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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