Romios Gold Resources (CVE:RG) Trading Up 25% – Here’s What Happened

Romios Gold Resources Inc. (CVE:RGGet Free Report) shot up 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 785,000 shares were traded during trading, an increase of 661% from the average session volume of 103,098 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The stock has a market cap of C$5.51 million, a PE ratio of -1.50 and a beta of 1.61. The company’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

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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