Roscan Gold (CVE:ROS) Stock Price Down 13.3% – What’s Next?

Roscan Gold Co. (CVE:ROS – Get Free Report)’s share price was down 13.3% on Wednesday. The stock traded as low as C$0.13 and last traded at C$0.13. 87,500 shares traded hands during trading, a decline of 70% from the average daily volume of 287,188 shares. The stock had previously closed at C$0.15.

Roscan Gold Stock Down 16.7%

The company has a quick ratio of 0.31, a current ratio of 0.09 and a debt-to-equity ratio of -72.51. The business has a 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.19. The firm has a market capitalization of C$56.67 million, a PE ratio of -10.42 and a beta of 3.07.

Roscan Gold Company Profile

(Get Free Report)

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

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