Romios Gold Resources (CVE:RG) Shares Down 25% – Time to Sell?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price dropped 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares traded hands during trading, a decline of 25% from the average daily volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

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 has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market capitalization of C$4.13 million, a price-to-earnings ratio of -1.50 and a beta of 1.61.

About Romios Gold Resources

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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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