Renaissance Gold Inc. (REN.V) (CVE:REN) Stock Price Up 7% – Here’s Why

Renaissance Gold Inc. (REN.V) (CVE:REN)’s stock price was up 7% on Friday . The company traded as high as C$0.62 and last traded at C$0.61. Approximately 70,138 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Price Performance

The stock has a market cap of C$41.80 million and a price-to-earnings ratio of -17.43. The stock’s 50 day moving average price is C$0.61 and its two-hundred day moving average price is C$0.61. The company has a quick ratio of 16.48, a current ratio of 16.76 and a debt-to-equity ratio of 6.18.

Renaissance Gold Inc. (REN.V) Company Profile

Renaissance Gold Inc, an exploration stage company, engages in the acquisition and exploration of mineral properties located in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah.