Renegade Gold (CVE:TGM) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Renegade Gold Inc. (CVE:TGMGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.

Renegade Gold Trading Down 12.5 %

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

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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