Romios Gold Resources (CVE:RG) Hits New 1-Year Low – Should You Sell?

Romios Gold Resources Inc. (CVE:RG)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 41000 shares traded. The stock had previously closed at C$0.02.

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 company has a market capitalization of C$2.76 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The firm has a 50-day simple moving average of C$0.02 and a two-hundred day simple 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.