Rogue Resources (CVE:RRS) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Rogue Resources Inc. (CVE:RRSGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.04 and traded as high as C$0.06. Rogue Resources shares last traded at C$0.04, with a volume of 82,000 shares traded.

Rogue Resources Stock Performance

The business has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.04. The company has a debt-to-equity ratio of 101.08, a current ratio of 0.52 and a quick ratio of 0.08. The company has a market cap of C$1.26 million, a P/E ratio of -1.17 and a beta of 1.77.

About Rogue Resources

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Rogue Resources Inc, a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company explores for silica, nickel, copper, and iron ore deposits. Its properties include the Snow White project in Ontario; Shadow Lake Quarry located in Ontario; the Silicon Ridge project located in Québec; and the Radio Hill iron ore project located to the southwest of Timmins, Ontario.

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