Romios Gold Resources (CVE:RG) Trading Down 16.7% – Here’s What Happened

Romios Gold Resources Inc. (CVE:RG)’s share price was down 16.7% during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 101,000 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 151,805 shares. The stock had previously closed at C$0.03.

Romios Gold Resources Stock Down 16.7%

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 firm has a market capitalization of C$8.20 million, a price-to-earnings ratio of -13.51 and a beta of 3.06. The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.03.

About Romios Gold Resources

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. The company holds interest in 109 gold-silver-copper claims, and 22 Lode claims in located in Nevada.