Roscan Gold (CVE:ROS) Hits New 1-Year Low – Here’s What Happened

Roscan Gold Co. (CVE:ROS) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.05, with a volume of 610518 shares changing hands. The stock had previously closed at C$0.06.

Wall Street Analysts Forecast Growth

Separately, Clarus Securities raised Roscan Gold to a “moderate buy” rating in a research note on Tuesday, February 18th.

Roscan Gold Stock Down 9.1 %

The company has a current ratio of 0.04, a quick ratio of 0.31 and a debt-to-equity ratio of -55.84. The company has a market cap of C$21.43 million, a price-to-earnings ratio of -6.05 and a beta of 1.18. The stock’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.07.

About Roscan Gold

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.