Renegade Gold (CVE:TGM) Stock Passes Above 200 Day Moving Average – Should You Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 trading hands.

Renegade Gold Price Performance

The company has a current ratio of 0.87, a quick ratio of 1.70 and a debt-to-equity ratio of 3.49. The company has a market capitalization of C$1.05 million, a P/E ratio of -0.25 and a beta of 0.85. The company has a 50 day moving average price of C$0.07 and a 200 day moving average price 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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