Renaissance Gold Inc. (REN.V) (CVE:REN) Stock Price Up 7% – Here’s Why

Renaissance Gold Inc. (REN.V) (CVE:REN) traded up 7% during mid-day trading on Monday . The stock traded as high as C$0.62 and last traded at C$0.61. 70,138 shares were traded during trading, a decline of 32% from the average session volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Price Performance

The firm has a market capitalization of C$41.80 million and a P/E ratio of -17.43. The company has a quick ratio of 16.48, a current ratio of 16.76 and a debt-to-equity ratio of 6.18. The business’s 50 day moving average is C$0.61 and its 200-day moving average is C$0.61.

Renaissance Gold Inc. (REN.V) Company Profile

Renaissance Gold Inc, an exploration stage company, engages in the acquisition and exploration of mineral properties located in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah. The company was incorporated in 2010 and is headquartered in Reno, Nevada.