Rogue Resources (CVE:RRS) Shares Cross Above 50-Day Moving Average – Should You Sell?

Rogue Resources Inc. (CVE:RRS)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.06. Rogue Resources shares last traded at C$0.04, with a volume of 82,000 shares.

Rogue Resources Price Performance

The company has a market cap of C$1.26 million, a price-to-earnings ratio of -1.17 and a beta of 1.77. The company has a current ratio of 0.52, a quick ratio of 0.07 and a debt-to-equity ratio of 101.08. The business has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.04.

Rogue Resources Company Profile

Rogue Resources Inc, a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company explores for silica, nickel, copper, and iron ore deposits. Its properties include the Snow White project in Ontario; Shadow Lake Quarry located in Ontario; the Silicon Ridge project located in Québec; and the Radio Hill iron ore project located to the southwest of Timmins, Ontario. The company also has 100% interest in the Speiran Quarry located near the town of Orillia; and 85% interest in the Johnston Farm Quarry located to the northeast of the town of Bobcaygeon.