Romios Gold Resources (CVE:RG) Shares Down 16.7% – Here’s What Happened

Romios Gold Resources Inc. (CVE:RG)’s stock price was down 16.7% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 231,000 shares traded hands during mid-day trading, an increase of 62% from the average daily volume of 142,497 shares. The stock had previously closed at C$0.03.

Romios Gold Resources Price Performance

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

About Romios Gold Resources

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.