RTG Mining (TSE:RTG) Reaches New 52-Week High – Time to Buy?

RTG Mining Inc. (TSE:RTGGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.04, with a volume of 1046650 shares traded. The stock had previously closed at C$0.04.

RTG Mining Price Performance

The company has a market cap of C$86.39 million, a price-to-earnings ratio of -16.67 and a beta of 0.97. The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.04. The company has a current ratio of 2.58, a quick ratio of 3.19 and a debt-to-equity ratio of 16.36.

About RTG Mining

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RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company’s other projects include The Bunawan project and the Nalesbitan Project.

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