Romios Gold Resources (CVE:RG) Shares Down 25% – Time to Sell?

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) fell 25% during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. 1,364,333 shares traded hands during trading, an increase of 833% from the average session volume of 146,243 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Stock Performance

The stock has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The stock has a market capitalization of C$9.84 million, a PE ratio of -13.51 and a beta of 3.06. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32.

Romios Gold Resources Company Profile

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Romios Gold Resources Inc engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Golden Triangle Area project covering an area of 45,105 hectares located in British Columbia; and 20% interest in the Thunder Bay silver district project comprising 87 claims covering an area of 1,853 hectares located in northwestern Ontario.

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