Romios Gold Resources (CVE:RG) Shares Down 33.3% – Time to Sell?

Romios Gold Resources Inc. (CVE:RGGet Free Report)’s share price fell 33.3% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 407,010 shares changed hands 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 Down 33.3 %

The company has a market capitalization of C$5.51 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The company has a debt-to-equity ratio of 75.09, a quick ratio of 1.32 and a current ratio of 0.14. The business’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.02.

About Romios Gold Resources

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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.

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