Renegade Gold (CVE:TGM) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . 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 trading hands.

Renegade Gold Stock Performance

The company’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a quick ratio of 1.70, a current ratio of 0.17 and a debt-to-equity ratio of 3.65. The stock has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85.

Renegade Gold Company Profile

(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.

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