Renegade Gold (CVE:TGM) Stock Passes Below 200-Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares.

Renegade Gold Stock Down 12.5 %

The company’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.07. The stock has a market cap of C$1.05 million, a P/E ratio of -0.07 and a beta of 0.85. The company has a debt-to-equity ratio of 3.65, a quick ratio of 1.70 and a current ratio of 0.17.

About Renegade Gold

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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