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

Romios Gold Resources Inc. (CVE:RG) shares were down 25% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 173,390 shares. The stock had previously closed at C$0.02.

Romios Gold Resources Price Performance

The company’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market cap of C$6.89 million, a P/E ratio of -1.50 and a beta of 1.61. The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09.

Romios Gold Resources Company Profile

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.