Romios Gold Resources (CVE:RG) Reaches New 1-Year Low – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The stock has a market capitalization of C$2.76 million, a PE ratio of -1.50 and a beta of 1.61. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The stock’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.01.

Romios Gold Resources Company Profile

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Romios Gold Resources Inc engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Golden Triangle Area project covering an area of 45,105 hectares located in British Columbia; and 20% interest in the Thunder Bay silver district project comprising 87 claims covering an area of 1,853 hectares located in northwestern Ontario.

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