Rogue Resources (CVE:RRS) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Rogue Resources Inc. (CVE:RRSGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.06. Rogue Resources shares last traded at C$0.04, with a volume of 82,000 shares traded.

Rogue Resources Stock Down 30.0 %

The firm has a market cap of C$1.26 million, a P/E ratio of -1.17 and a beta of 1.77. The company’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The company has a debt-to-equity ratio of 101.08, a current ratio of 0.52 and a quick ratio of 0.08.

Rogue Resources Company Profile

(Get Free Report)

Rogue Resources Inc, a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company explores for silica, nickel, copper, and iron ore deposits. Its properties include the Snow White project in Ontario; Shadow Lake Quarry located in Ontario; the Silicon Ridge project located in Québec; and the Radio Hill iron ore project located to the southwest of Timmins, Ontario.

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