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

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price traded up 50% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 357,000 shares changed hands 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 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company 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 debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

Romios Gold Resources Company Profile

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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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