Renegade Gold (CVE:TGM) Shares Cross Below 200-Day Moving Average – Should You Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares changing hands.

Renegade Gold Price Performance

The company has a debt-to-equity ratio of 3.49, a quick ratio of 1.70 and a current ratio of 0.87. The stock has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 0.85. The business’s 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.07.

About Renegade Gold

(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.

Further Reading

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