Romios Gold Resources (CVE:RG) Sets New 1-Year Low – Time to Sell?

Romios Gold Resources Inc. (CVE:RG)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 4000 shares changing hands. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The company has a market cap of C$2.76 million, a PE ratio of -1.50 and a beta of 1.61. The stock’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09.

Romios Gold Resources Company Profile

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.