Romios Gold Resources (CVE:RG) Hits New 52-Week Low – What’s Next?

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 41000 shares changing hands. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The firm has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.01. The stock has a market cap of C$2.76 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32.

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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