Romios Gold Resources (CVE:RG) Shares Down 25% – Should You Sell?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s stock price dropped 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares traded hands during trading, a decline of 25% from the average daily volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Performance

The firm has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The firm has a market capitalization of C$6.89 million, a P/E ratio of -1.50 and a beta of 1.61.

About Romios Gold Resources

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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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