Romios Gold Resources (CVE:RG) Reaches New 12-Month High – What’s Next?

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.04, with a volume of 164344 shares traded. The stock had previously closed at C$0.04.

Romios Gold Resources Stock Performance

The firm’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market cap of C$14.76 million, a price-to-earnings ratio of -13.51 and a beta of 3.31. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32.

About Romios Gold Resources

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Romios Gold Resources Inc engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Golden Triangle Area project covering an area of 45,105 hectares located in British Columbia; and 20% interest in the Thunder Bay silver district project comprising 87 claims covering an area of 1,853 hectares located in northwestern Ontario. The company holds interest in 109 gold-silver-copper claims, and 22 Lode claims in located in Nevada.

Further Reading

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