Renegade Gold (CVE:TGM) Stock Crosses Below 200-Day Moving Average – What’s Next?

Shares of Renegade Gold Inc. (CVE:TGMGet Free Report) passed below its 200-day moving average during trading on Monday . 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 trading hands.

Renegade Gold Trading Down 12.5 %

The company has a current ratio of 0.87, a quick ratio of 1.70 and a debt-to-equity ratio of 3.49. The firm has a market capitalization of C$1.05 million, a PE ratio of -0.25 and a beta of 0.85. The firm has a 50 day simple moving average of C$0.07 and a 200 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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