RT Minerals (CVE:RTM) Shares Up 24.1% – Time to Buy?

RT Minerals Corp (CVE:RTMGet Free Report)’s share price shot up 24.1% on Saturday . The company traded as high as C$0.18 and last traded at C$0.18. 146,319 shares traded hands during mid-day 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 Price Performance

The stock has a market capitalization of C$1.36 million, a P/E ratio of 0.18 and a beta of 2.85. The business’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is 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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