Romios Gold Resources (CVE:RG) Shares Up 50% – Should You Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price shot up 50% during mid-day trading on Saturday . The stock 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 Stock Up 50.0%

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

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. 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.

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