Roscan Gold (CVE:ROS) Shares Down 15.4% – Here’s Why

Roscan Gold Co. (CVE:ROS – Get Free Report) traded down 15.4% on Monday. The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 472,136 shares traded hands during trading, an increase of 62% from the average session volume of 291,378 shares. The stock had previously closed at C$0.13.

Roscan Gold Stock Down 15.4%

The company has a debt-to-equity ratio of -72.51, a current ratio of 0.09 and a quick ratio of 0.31. The firm has a market capitalization of C$49.87 million, a price-to-earnings ratio of -9.17 and a beta of 3.38. The stock has a fifty day moving average of C$0.18 and a two-hundred day moving average of C$0.19.

Roscan Gold Company Profile

(Get Free Report)

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

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