Renegade Gold (CVE:TGM) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Renegade Gold Inc. (CVE:TGMGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares changing hands.

Renegade Gold Price Performance

The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65. The firm has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85. The company’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.07.

Renegade Gold Company Profile

(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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