Renegade Gold (CVE:TGM) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 Stock Performance

The stock has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.07. The company has a debt-to-equity ratio of 3.49, a current ratio of 0.87 and a quick ratio of 1.70. The firm has a market cap of C$1.05 million, a PE ratio of -0.25 and a beta of 0.85.

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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