Renegade Gold (CVE:TGM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares trading hands.

Renegade Gold Stock Performance

The company has a quick ratio of 1.70, a current ratio of 0.87 and a debt-to-equity ratio of 3.49. The firm has a market capitalization of C$1.05 million, a P/E ratio of -0.25 and a beta of 0.85. The company’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.07.

Renegade Gold Company Profile

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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