Roscan Gold (CVE:ROS) Shares Down 11.4% – Here’s What Happened

Roscan Gold Co. (CVE:ROSGet Free Report)’s stock price was down 11.4% during trading on Thursday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 272,231 shares traded hands during trading, a decline of 33% from the average daily volume of 403,486 shares. The stock had previously closed at C$0.18.

Roscan Gold Stock Down 14.3%

The company has a quick ratio of 0.31, a current ratio of 0.22 and a debt-to-equity ratio of -71.99. The stock has a market cap of C$65.78 million, a P/E ratio of -25.00 and a beta of 2.93. The company’s 50 day moving average price is C$0.22 and its two-hundred day moving average price is C$0.18.

About Roscan Gold

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Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

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