Romios Gold Resources (CVE:RG) Shares Up 25% – Still a Buy?

Romios Gold Resources Inc. (CVE:RG) shot up 25% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 178,000 shares were traded during trading, an increase of 20% from the average session volume of 147,954 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Trading Up 25.0%

The business 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 current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09. The stock has a market cap of C$6.89 million, a price-to-earnings ratio of -1.50 and a beta of 1.61.

Romios Gold Resources Company Profile

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.