Renegade Gold (CVE:TGM) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Renegade Gold Inc. (CVE:TGMGet Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 471,212 shares.

Renegade Gold Stock Down 12.5 %

The firm has a 50-day moving average of C$0.07 and a two-hundred day moving average of C$0.07. The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65. The firm has a market capitalization of C$1.05 million, a PE ratio of -0.07 and a beta of 0.85.

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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