Romios Gold Resources (CVE:RG) Shares Down 25% – Here’s Why

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price was down 25% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,364,333 shares were traded during mid-day trading, an increase of 833% from the average daily volume of 146,243 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Price Performance

The stock has a market cap of C$9.84 million, a PE ratio of -13.51 and a beta of 3.06. 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 company’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.03.

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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