RT Minerals (CVE:RTM) Stock Price Up 24.1% – Should You Buy?

RT Minerals Corp (CVE:RTMGet Free Report) shares shot up 24.1% during trading on Saturday . The stock traded as high as C$0.18 and last traded at C$0.18. 146,319 shares traded hands during trading, an increase of 461% from the average session volume of 26,064 shares. The stock had previously closed at C$0.15.

RT Minerals Stock Performance

The company has a market cap of C$1.36 million, a price-to-earnings ratio of 0.18 and a beta of 2.85. The firm has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.13. The company has a quick ratio of 0.09, a current ratio of 0.31 and a debt-to-equity ratio of 697.48.

RT Minerals Company Profile

(Get Free Report)

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.

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