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

Romios Gold Resources Inc. (CVE:RG) shares fell 25% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,364,333 shares were traded during mid-day 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 Down 25.0%

The business 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 quick ratio of 1.32 and a current ratio of 0.14.

About Romios Gold Resources

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.