RTG Mining (TSE:RTG) Stock Price Up 16.7% – Still a Buy?

RTG Mining Inc. (TSE:RTGGet Free Report) shot up 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 449,004 shares were traded during trading, an increase of 144% from the average daily volume of 183,978 shares. The stock had previously closed at C$0.03.

RTG Mining Price Performance

The company has a debt-to-equity ratio of 16.36, a current ratio of 2.58 and a quick ratio of 3.19. The firm has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market cap of C$67.19 million, a PE ratio of -12.96 and a beta of 0.76.

About RTG Mining

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RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company’s other projects include The Bunawan project and the Nalesbitan Project.

Further Reading

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