RosCan Gold (CVE:ROS) Shares Up 1.5%

RosCan Gold Co. (CVE:ROS)’s share price shot up 1.5% during trading on Friday . The stock traded as high as C$0.34 and last traded at C$0.34. 637,033 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 750,481 shares. The stock had previously closed at C$0.34.

The firm has a 50-day moving average price of C$0.33 and a 200 day moving average price of C$0.32. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.27 and a quick ratio of 1.24. The company has a market cap of C$119.57 million and a price-to-earnings ratio of -3.06.

About RosCan Gold (CVE:ROS)

Roscan Gold Corporation, an exploration stage mineral resource company, engages in the acquisition, exploration, and development of gold properties in West Africa. Its principal project is Kandiole project that hosts 10 gold prospective targets located in the Kenieba area of Southwest Mali. The company was formerly known as Roscan Minerals Corporation and changed its name to RosCan Gold Corporation in September 2018.

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