Rogue Resources (CVE:RRS) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Rogue Resources Inc. (CVE:RRS) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.06. Rogue Resources shares last traded at C$0.04, with a volume of 82,000 shares changing hands.

Rogue Resources Stock Down 30.0%

The business has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.04. The firm has a market cap of C$1.26 million, a P/E ratio of -1.17 and a beta of 1.77. The company has a quick ratio of 0.08, a current ratio of 0.52 and a debt-to-equity ratio of 101.08.

About Rogue Resources

Rogue Resources Inc, a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company explores for silica, nickel, copper, and iron ore deposits. Its properties include the Snow White project in Ontario; Shadow Lake Quarry located in Ontario; the Silicon Ridge project located in Québec; and the Radio Hill iron ore project located to the southwest of Timmins, Ontario. The company also has 100% interest in the Speiran Quarry located near the town of Orillia; and 85% interest in the Johnston Farm Quarry located to the northeast of the town of Bobcaygeon.