Renegade Gold (CVE:TGM) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 firm has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.07. 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 company has a market capitalization of C$1.05 million, a P/E 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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