Roscan Gold (CVE:ROS) Reaches New 52-Week Low – Here’s Why

Roscan Gold Co. (CVE:ROSGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 273647 shares changing hands. The stock had previously closed at C$0.07.

Roscan Gold Stock Performance

The company has a quick ratio of 0.31, a current ratio of 0.04 and a debt-to-equity ratio of 0.24. The company has a market capitalization of C$25.88 million, a P/E ratio of -6.50 and a beta of 1.18. The firm’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.08.

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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