Roscan Gold (CVE:ROS) Shares Down 7.8% – Here’s What Happened

Roscan Gold Co. (CVE:ROSGet Free Report)’s stock price was down 7.8% during trading on Friday . The stock traded as low as C$0.23 and last traded at C$0.24. Approximately 82,741 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 426,500 shares. The stock had previously closed at C$0.26.

Roscan Gold Stock Performance

The company’s 50-day simple moving average is C$0.19 and its 200 day simple moving average is C$0.14. The stock has a market cap of C$107.44 million, a P/E ratio of -40.83 and a beta of 3.22. The company has a current ratio of 0.19, a quick ratio of 0.31 and a debt-to-equity ratio of -42.13.

Roscan Gold Company Profile

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Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

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