Renaissance Gold Inc. (REN.V) (CVE:REN) Trading Up 7% – Time to Buy?

Renaissance Gold Inc. (REN.V) (CVE:REN)’s stock price shot up 7% during mid-day trading on Wednesday . The company traded as high as C$0.62 and last traded at C$0.61. 70,138 shares were traded during trading, a decline of 32% from the average session volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Stock Up 7.0 %

The company has a debt-to-equity ratio of 6.18, a quick ratio of 16.48 and a current ratio of 16.76. The firm has a market cap of C$41.80 million and a PE ratio of -17.43. The stock has a fifty day moving average price of C$0.61 and a 200-day moving average price of C$0.61.

About Renaissance Gold Inc. (REN.V)

Renaissance Gold Inc, an exploration stage company, engages in the acquisition and exploration of mineral properties located in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah.