Renegade Gold (CVE:TGM) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . 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 471,213 shares changing hands.

Renegade Gold Price Performance

The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65. The stock has a market cap of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85. The business has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07.

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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