Renegade Gold (CVE:TGM) Share Price Passes Above 200-Day Moving Average of $0.07

Renegade Gold Inc. (CVE:TGM)’s stock price crossed above its two hundred day moving average during trading on Thursday . 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.

Renegade Gold Trading Down 12.5 %

The business has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.07. The stock has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.17 and a quick ratio of 1.70.

Insider Buying and Selling

In other news, Senior Officer James Russell Starr purchased 312,500 shares of Renegade Gold stock in a transaction dated Friday, January 26th. The stock was acquired at an average cost of C$0.32 per share, for a total transaction of C$100,000.00. 11.78% of the stock is currently owned by company insiders.

Renegade Gold Company Profile

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.