Renaissance Gold Inc. (REN.V) (CVE:REN) Trading Up 7% – Here’s Why

Renaissance Gold Inc. (REN.V) (CVE:REN)’s share price rose 7% during trading on Monday . The company traded as high as C$0.62 and last traded at C$0.61. Approximately 70,138 shares changed hands during trading, a decline of 32% from the average daily volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Stock Performance

The stock has a market cap of C$41.80 million and a P/E ratio of -17.43. The company has a current ratio of 16.76, a quick ratio of 16.48 and a debt-to-equity ratio of 6.18. The stock has a 50 day simple moving average of C$0.61 and a 200 day simple moving average of C$0.61.

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.