Romios Gold Resources (CVE:RG) Shares Up 33.3% – Still a Buy?

Romios Gold Resources Inc. (CVE:RG)’s share price shot up 33.3% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 385,000 shares traded hands during mid-day trading, an increase of 112% from the average session volume of 181,228 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Stock Up 25.0 %

The company has a market cap of C$6.89 million, a P/E ratio of -1.50 and a beta of 1.61. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The firm has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

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.