Roscan Gold (CVE:ROS) Stock Price Down 8.7% – Time to Sell?

Roscan Gold Co. (CVE:ROS) traded down 8.7% during trading on Wednesday . The company traded as low as C$0.21 and last traded at C$0.21. 329,718 shares traded hands during trading, a decline of 18% from the average session volume of 399,883 shares. The stock had previously closed at C$0.23.

Roscan Gold Stock Performance

The company’s 50-day moving average is C$0.20 and its two-hundred day moving average is C$0.15. The company has a quick ratio of 0.31, a current ratio of 0.19 and a debt-to-equity ratio of -42.13. The company has a market cap of C$96.47 million, a P/E ratio of -36.67 and a beta of 3.22.

Roscan Gold Company Profile

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.