RT Minerals (CVE:RTM) Stock Price Up 24.1% – Here’s Why

RT Minerals Corp (CVE:RTM)’s share price traded up 24.1% during trading on Saturday . The company traded as high as C$0.18 and last traded at C$0.18. 146,319 shares traded hands 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 Stock Up 24.1 %

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

About RT Minerals

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.