Romios Gold Resources (CVE:RG) Trading 12.5% Higher – Should You Buy?

Romios Gold Resources Inc. (CVE:RGGet Free Report) traded up 12.5% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 1,658,000 shares were traded during mid-day trading, an increase of 386% from the average session volume of 341,066 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Price Performance

The company’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.03. The firm has a market cap of C$14.76 million, a price-to-earnings ratio of -13.51 and a beta of 3.31. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09.

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

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