Renegade Gold (CVE:TGM) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Renegade Gold Inc. (CVE:TGMGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 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.

Renegade Gold Stock Performance

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

Renegade Gold Company Profile

(Get Free Report)

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.

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