RT Minerals (CVE:RTM) Trading Up 24.1% – What’s Next?

Shares of RT Minerals Corp (CVE:RTMGet Free Report) shot up 24.1% during trading on Friday . The company traded as high as C$0.18 and last traded at C$0.18. 146,319 shares were traded during mid-day trading, an increase of 461% from the average session volume of 26,064 shares. The stock had previously closed at C$0.15.

RT Minerals Price Performance

The business’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.13. The company has a quick ratio of 0.09, a current ratio of 0.31 and a debt-to-equity ratio of 697.48. The company has a market capitalization of C$1.36 million, a P/E ratio of 0.18 and a beta of 2.85.

RT Minerals Company Profile

(Get Free Report)

RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold, base metal, and rare earth elements. The company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property that consists of 15 unpatented single cell mining claims covering an area of 220 hectares in one claim block located in the Town of Kirkland Lake, Ontario.

Further Reading

Receive News & Ratings for RT Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RT Minerals and related companies with MarketBeat.com's FREE daily email newsletter.