Romios Gold Resources (CVE:RG) Stock Price Down 25% – What’s Next?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price dropped 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares changed hands during trading, a decline of 23% from the average daily volume of 169,910 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The stock has a market cap of C$4.13 million, a P/E ratio of -1.50 and a beta of 1.61. 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’s fifty day moving average price is C$0.02 and its 200-day moving average price 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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