Romios Gold Resources (CVE:RG) Stock Price Down 25% – Time to Sell?

Shares of Romios Gold Resources Inc. (CVE:RGGet Free Report) fell 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 130,500 shares changed hands during trading, a decline of 25% from the average session volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

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 firm has a market cap of C$6.89 million, a price-to-earnings ratio of -1.50 and a beta of 1.61. The business’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02.

About Romios Gold Resources

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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.

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