Renegade Gold (CVE:TGM) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares changing hands.

Renegade Gold Stock Down 12.5 %

The company has a quick ratio of 1.70, a current ratio of 0.87 and a debt-to-equity ratio of 3.49. The company has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 0.85. The stock’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.07.

About Renegade Gold

(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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