Romios Gold Resources (CVE:RG) Stock Price Up 33.3%

Romios Gold Resources Inc. (CVE:RG – Get Rating)’s stock price rose 33.3% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 1,364,650 shares were traded during mid-day trading, an increase of 355% from the average daily volume of 299,757 shares. The stock had previously closed at C$0.03.

Romios Gold Resources Stock Performance

The company has a debt-to-equity ratio of 17.73, a current ratio of 1.42 and a quick ratio of 1.32. The stock has a market cap of C$8.47 million and a price-to-earnings ratio of -35.00. The stock’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03.

Insider Activity

In related news, Director Anastasios (Tom) Drivas purchased 1,125,000 shares of Romios Gold Resources stock in a transaction dated Friday, December 30th. The stock was bought at an average cost of C$0.04 per share, for a total transaction of C$45,000.00. Following the transaction, the director now owns 8,640,486 shares in the company, valued at C$345,619.44. In the last three months, insiders purchased 1,185,000 shares of company stock worth $46,800.

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. Its projects are located in Ontario, British Columbia, Quebec, and Nevada. The company was founded in 1995 and is based in Toronto, Canada.