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

Romios Gold Resources Inc. (CVE:RGGet Free Report) rose 50% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 357,000 shares were traded during 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 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 stock’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14.

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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