Renegade Gold (CVE:TGM) Shares Cross Above 200 Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares traded.

Renegade Gold Stock Performance

The business’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.07. The firm has a market cap of C$1.05 million, a P/E ratio of -0.25 and a beta of 0.85. The company has a current ratio of 0.87, a quick ratio of 1.70 and a debt-to-equity ratio of 3.49.

Renegade Gold Company Profile

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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