Renegade Gold (CVE:TGM) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report) passed below its 200-day moving average during trading on Monday . 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 firm’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The firm has a market cap of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85. The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65.

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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