Roscan Gold (CVE:ROS) Stock Falls 12.5% – Here’s What Happened

Roscan Gold Co. (CVE:ROS – Get Free Report) traded down 12.5% on Tuesday. The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 407,020 shares were traded during mid-day trading, an increase of 34% from the average session volume of 303,636 shares. The stock had previously closed at C$0.20.

Roscan Gold Stock Performance

The stock has a market cap of C$76.74 million, a PE ratio of -15.91 and a beta of 3.33. The stock has a fifty day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.19. The company has a debt-to-equity ratio of -89.25, a quick ratio of 0.31 and a current ratio of 0.25.

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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