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

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price fell 25% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 130,500 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 173,390 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 PE ratio of -1.50 and a beta of 1.61. The company has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32.

About Romios Gold Resources

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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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