Romios Gold Resources (CVE:RG) Stock Price Up 50% – Still a Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price rose 50% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 357,000 shares changed hands during mid-day trading, an increase of 166% from the average daily volume of 134,290 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Up 50.0%

The stock has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The stock has a market cap of C$8.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09.

About Romios Gold Resources

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Romios Gold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Romios Gold Resources and related companies with MarketBeat.com's FREE daily email newsletter.