Renegade Gold (CVE:TGM) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares changing hands.

Renegade Gold Trading Down 12.5 %

The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65. The stock has a market capitalization of C$1.05 million, a P/E ratio of -0.07 and a beta of 0.85. The business’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07.

About Renegade Gold

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

See Also

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