RT Minerals (CVE:RTM) Trading Down 18.8% – Should You Sell?

RT Minerals Corp (CVE:RTM)’s share price fell 18.8% during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. 562,857 shares changed hands during mid-day trading, an increase of 599% from the average session volume of 80,548 shares. The stock had previously closed at C$0.08.

RT Minerals Stock Down 18.8%

The company has a market cap of C$745,095.00, a PE ratio of -1.30 and a beta of 3.70. The company has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The company has a debt-to-equity ratio of 697.48, a quick ratio of 0.09 and a current ratio of 0.31.

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. In addition, it holds a 100% royalty-free interest in the Ireland rare earth element property comprising 52 claims covering an area of 421 hectares located in northeast of Smooth Rock Falls, Ontario; Timmins base metal property and Milligan property located in northeast of Timmins, Ontario; and Blakelock and McQuibban gold properties located in northeast of Cochrane, Ontario.