Romios Gold Resources (CVE:RG) Shares Up 50% – Here’s What Happened

Shares of Romios Gold Resources Inc. (CVE:RG) shot up 50% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 357,000 shares were traded during trading, an increase of 166% from the average session volume of 134,290 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Up 50.0%

The stock has a market cap of C$8.27 million, a P/E ratio of -1.50 and a beta of 1.61. The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09. The stock’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

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.