RT Minerals (CVE:RTM) Stock Price Down 4.5% – What’s Next?

RT Minerals Corp (CVE:RTM)’s stock price was down 4.5% on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 5,500 shares changed hands during 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 Trading Down 4.5 %

The business has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.13. The company has a debt-to-equity ratio of 697.48, a quick ratio of 0.09 and a current ratio of 0.31. The company has a market capitalization 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.