Red Eagle Mining (TSE:R) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Red Eagle Mining Co. (TSE:RGet Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$0.02. Red Eagle Mining shares last traded at C$0.02, with a volume of 3,402,421 shares.

Red Eagle Mining Stock Up 33.3 %

The firm has a market cap of C$8.89 million and a price-to-earnings ratio of -0.09. The company has a current ratio of 0.11, a quick ratio of 0.06 and a debt-to-equity ratio of 8,396.99. The company has a fifty day simple moving average of C$0.02.

Red Eagle Mining Company Profile

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Red Eagle Mining Corporation engages in the exploration and development of mineral properties in Canada and Colombia. The company owns 100% interest in the Santa Rosa Gold Project located in Antioquia, Colombia, as well as holds 100% interests in the Vetas Gold, California Gold, and Santa Ana Silver Projects.

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