RT Minerals (CVE:RTM) Stock Price Up 24.1% – Still a Buy?

RT Minerals Corp (CVE:RTMGet Free Report)’s stock price traded up 24.1% during mid-day trading on Saturday . The stock traded as high as C$0.18 and last traded at C$0.18. 146,319 shares were traded during mid-day trading, an increase of 461% from the average session volume of 26,064 shares. The stock had previously closed at C$0.15.

RT Minerals Price Performance

The company has a debt-to-equity ratio of 697.48, a current ratio of 0.31 and a quick ratio of 0.09. The company’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.13. The company has a market cap of C$1.36 million, a price-to-earnings ratio of 0.18 and a beta of 2.85.

RT Minerals Company Profile

(Get Free Report)

RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold, base metal, and rare earth elements. The company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property that consists of 15 unpatented single cell mining claims covering an area of 220 hectares in one claim block located in the Town of Kirkland Lake, Ontario.

Further Reading

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