RTG Mining (TSE:RTG) Trading Down 16.7% – Should You Sell?

RTG Mining Inc. (TSE:RTGGet Free Report) shares dropped 16.7% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 116,000 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 236,316 shares. The stock had previously closed at C$0.03.

RTG Mining Stock Performance

The business has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The company has a debt-to-equity ratio of 16.36, a current ratio of 2.58 and a quick ratio of 3.19. The company has a market cap of C$32.45 million, a P/E ratio of -8.06 and a beta of -0.48.

About RTG Mining

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RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company’s other significant assets are located in the Philippines. The organization’s principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company’s other projects include The Bunawan project and the Nalesbitan Project.

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