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

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

Romios Gold Resources Price Performance

The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09. The stock has a market capitalization of C$9.84 million, a PE ratio of -13.51 and a beta of 3.06. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.03.

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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