Romios Gold Resources (CVE:RG) Shares Down 25% – What’s Next?

Romios Gold Resources Inc. (CVE:RGGet Free Report) fell 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 130,500 shares traded hands during trading, a decline of 25% from the average session volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The firm’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a market cap of C$4.13 million, a PE ratio of -1.50 and a beta of 1.61.

Romios Gold Resources Company Profile

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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.

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