Romios Gold Resources (CVE:RG) Trading 50% Higher – Here’s Why

Romios Gold Resources Inc. (CVE:RG)’s stock price was up 50% during mid-day trading on Wednesday . The company 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 quick ratio of 1.32 and a current ratio of 0.14. The stock has a market capitalization of C$4.13 million, a P/E ratio of -1.50 and a beta of 1.61. The stock has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.01.

Romios Gold Resources Company Profile

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.