Roscan Gold (CVE:ROS) Hits New 12-Month Low – Should You Sell?

Roscan Gold Co. (CVE:ROSGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 396800 shares traded. The stock had previously closed at C$0.05.

Roscan Gold Price Performance

The firm’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.04 and a quick ratio of 0.31. The firm has a market capitalization of C$21.90 million, a P/E ratio of -5.50 and a beta of 1.18.

Roscan Gold Company Profile

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Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa.

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