Romios Gold Resources (CVE:RG) Trading 50% Higher – Time to Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report) traded up 50% 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 Stock Up 50.0%

The stock has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The firm has a market cap of C$8.27 million, a PE ratio of -1.50 and a beta of 1.61.

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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