Renaissance Gold Inc. (REN.V) (CVE:REN) Shares Up 7% – Here’s What Happened

Renaissance Gold Inc. (REN.V) (CVE:REN)’s share price shot up 7% on Tuesday . The stock traded as high as C$0.62 and last traded at C$0.61. 70,138 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Stock Performance

The firm’s 50 day moving average price is C$0.61 and its two-hundred day moving average price is C$0.61. The company has a debt-to-equity ratio of 6.18, a quick ratio of 16.48 and a current ratio of 16.76. The firm has a market cap of C$41.80 million and a PE ratio of -17.43.

Renaissance Gold Inc. (REN.V) Company Profile

Renaissance Gold Inc, an exploration stage company, engages in the acquisition and exploration of mineral properties located in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah. The company was incorporated in 2010 and is headquartered in Reno, Nevada.