Renegade Gold (CVE:TGM) Stock Passes Below 200-Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,212 shares trading hands.

Renegade Gold Stock Down 12.5 %

The stock has a market cap of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85. The company has a debt-to-equity ratio of 3.65, a quick ratio of 1.70 and a current ratio of 0.17. The company’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.07.

Renegade Gold Company Profile

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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