Romios Gold Resources (CVE:RG) Sets New 52-Week Low – Should You Sell?

Romios Gold Resources Inc. (CVE:RG)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 11000 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Down 33.3 %

The company has a market cap of C$2.76 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The firm has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.01. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

Romios Gold Resources Company Profile

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.