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

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) dropped 25% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Up 25.0 %

The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The firm has a market capitalization of C$6.89 million, a P/E ratio of -1.50 and a beta of 1.61. The firm’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

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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