Renaissance Gold Inc. (REN.V) (CVE:REN) Shares Up 7% – Time to Buy?

Renaissance Gold Inc. (REN.V) (CVE:REN – Get Free Report)’s share price shot up 7% on Tuesday . The stock traded as high as C$0.62 and last traded at C$0.61. 70,138 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 103,886 shares. The stock had previously closed at C$0.57.

Renaissance Gold Inc. (REN.V) Stock Up 7.0%

The company has a market cap of C$41.80 million and a price-to-earnings ratio of -17.43. The business has a fifty day moving average of C$0.61 and a two-hundred day moving average of C$0.61. The company has a current ratio of 16.75, a quick ratio of 16.48 and a debt-to-equity ratio of 6.18.

About Renaissance Gold Inc. (REN.V)

(Get Free Report)

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.

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