Romios Gold Resources (CVE:RG) Shares Down 25% – Here’s Why

Romios Gold Resources Inc. (CVE:RG) traded down 25% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 130,500 shares changed hands during mid-day 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 Stock Down 25.0 %

The stock has a market cap of C$4.13 million, a PE ratio of -1.50 and a beta of 1.61. The business has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09.

About Romios Gold Resources

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.