Romios Gold Resources (CVE:RG) Stock Price Up 50% – Still a Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price rose 50% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 128,000 shares changed hands during trading, a decline of 27% from the average daily volume of 174,947 shares. The stock had previously closed at C$0.01.

Romios Gold Resources Stock Performance

The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.01. The firm has a market capitalization of C$4.13 million, a PE 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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