RTG Mining (TSE:RTG) Stock Crosses Below Fifty Day Moving Average – Here’s Why

RTG Mining Inc. (TSE:RTG)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.04 and traded as low as C$0.04. RTG Mining shares last traded at C$0.04, with a volume of 7,149 shares traded.

RTG Mining Price Performance

The company has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.04. The firm has a market cap of C$76.79 million, a PE ratio of -14.81 and a beta of 0.23. The company has a current ratio of 2.58, a quick ratio of 3.19 and a debt-to-equity ratio of 16.36.

RTG Mining (TSE:RTG) last announced its quarterly earnings results on Friday, March 27th. The company reported C$0.10 EPS for the quarter.

RTG Mining Company Profile

RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company’s other projects include The Bunawan project and the Nalesbitan Project.