Romios Gold Resources (CVE:RG) Stock Price Down 25% – Time to Sell?

Romios Gold Resources Inc. (CVE:RGGet Free Report) traded down 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 130,500 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 169,910 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The company has a market capitalization of C$4.13 million, a P/E ratio of -1.50 and a beta of 1.61. 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 business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

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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