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

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares.

Renegade Gold Trading Down 12.5 %

The company has a debt-to-equity ratio of 3.49, a quick ratio of 1.70 and a current ratio of 0.87. The company’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.07. The stock has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 0.85.

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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