Renegade Gold (CVE:TGM) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Renegade Gold Inc. (CVE:TGM)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares traded.

Renegade Gold Stock Performance

The company has a debt-to-equity ratio of 3.49, a current ratio of 0.87 and a quick ratio of 1.70. The firm has a market capitalization of C$1.05 million, a PE ratio of -0.25 and a beta of 0.85. The firm has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.07.

Renegade Gold Company Profile

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district. The company was formerly known as Confederation Minerals Ltd. and changed its name to Trillium Gold Mines Inc in June 2020. Trillium Gold Mines Inc was incorporated in 2005 and is headquartered in Vancouver, Canada.