Romios Gold Resources (CVE:RG) Shares Down 33.3% – Here’s Why

Romios Gold Resources Inc. (CVE:RG)’s share price fell 33.3% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 407,010 shares were traded during mid-day trading, an increase of 170% from the average session volume of 150,753 shares. The stock had previously closed at C$0.03.

Romios Gold Resources Stock Performance

The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09. The firm’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.02. The company has a market cap of C$5.51 million, a PE ratio of -1.50 and a beta of 1.61.

Romios Gold Resources Company Profile

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.