Roscan Gold (CVE:ROS) Upgraded to Moderate Buy at Clarus Securities

Clarus Securities upgraded shares of Roscan Gold (CVE:ROS) to a moderate buy rating in a report issued on Tuesday,Zacks.com reports.

Roscan Gold Stock Performance

Shares of Roscan Gold stock remained flat at C$0.06 on Tuesday. 1,813 shares of the stock were exchanged, compared to its average volume of 341,710. The firm’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.08. Roscan Gold has a 12 month low of C$0.05 and a 12 month high of C$0.12. The company has a debt-to-equity ratio of -55.84, a quick ratio of 0.31 and a current ratio of 0.04. The stock has a market cap of C$25.71 million, a price-to-earnings ratio of -7.26 and a beta of 1.18.

About Roscan Gold

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.