Renegade Gold (CVE:TGM) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . 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 Price Performance

The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65. The stock has a market capitalization of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85.

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.

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