Renegade Gold (CVE:TGM) Shares Pass Above 200 Day Moving Average of $0.07

Renegade Gold Inc. (CVE:TGM)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Renegade Gold Stock Performance

The stock has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a quick ratio of 1.70, a current ratio of 0.17 and a debt-to-equity ratio of 3.65. The company has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85.

Insider Buying and Selling at Renegade Gold

In other Renegade Gold news, Senior Officer James Russell Starr purchased 312,500 shares of the company’s stock in a transaction on Friday, January 26th. The shares were purchased at an average cost of C$0.32 per share, with a total value of C$100,000.00. Insiders own 11.78% of the company’s stock.

Renegade Gold Company Profile

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.