Romios Gold Resources (CVE:RG) Trading 11.1% Higher – Should You Buy?

Romios Gold Resources Inc. (CVE:RG) traded up 11.1% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 318,500 shares were traded during mid-day trading, a decline of 21% from the average session volume of 404,199 shares. The stock had previously closed at C$0.05.

Romios Gold Resources Stock Performance

The company has a market capitalization of C$1.48 million, a PE ratio of -13.51 and a beta of 3.31. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The stock has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

Romios Gold Resources Company Profile

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. The company holds interest in 109 gold-silver-copper claims, and 22 Lode claims in located in Nevada.