Renegade Gold (CVE:TGM) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . 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 471,213 shares traded.

Renegade Gold Stock Down 12.5 %

The stock has a market cap of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85. The company has a debt-to-equity ratio of 3.65, a quick ratio of 1.70 and a current ratio of 0.17. The firm’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average 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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