Romios Gold Resources (CVE:RG) Stock Price Down 25% – Here’s What Happened

Romios Gold Resources Inc. (CVE:RGGet Free Report) shares fell 25% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,364,333 shares traded hands during mid-day trading, an increase of 833% from the average session volume of 146,243 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Price Performance

The stock has a market capitalization of C$9.84 million, a P/E ratio of -13.51 and a beta of 3.06. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14. The business has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03.

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.

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