RT Minerals (CVE:RTM) Trading Down 4.5% – Should You Sell?

Shares of RT Minerals Corp (CVE:RTM) dropped 4.5% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 5,500 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 9,303 shares. The stock had previously closed at C$0.11.

RT Minerals Stock Down 4.5 %

The stock’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.13. The company has a current ratio of 0.31, a quick ratio of 0.09 and a debt-to-equity ratio of 697.48. The stock has a market cap of C$793,800.00, a P/E ratio of 0.11 and a beta of 2.85.

RT Minerals Company Profile

RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold, base metal, and rare earth elements. The company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property that consists of 15 unpatented single cell mining claims covering an area of 220 hectares in one claim block located in the Town of Kirkland Lake, Ontario.