Renegade Gold (CVE:TGM) Shares Pass Above 200 Day Moving Average of $0.07

Renegade Gold Inc. (CVE:TGM) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares trading hands.

Renegade Gold Price Performance

The stock has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The firm has a market cap of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85. The company has a debt-to-equity ratio of 3.65, a quick ratio of 1.70 and a current ratio of 0.17.

Insider Activity at Renegade Gold

In other Renegade Gold news, Senior Officer James Russell Starr purchased 312,500 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The stock was purchased at an average price of C$0.32 per share, for a total transaction of C$100,000.00. 11.78% of the stock is owned by company insiders.

About Renegade Gold

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.