RTG Mining (TSE:RTG) Shares Up 16.7% – Here’s What Happened

RTG Mining Inc. (TSE:RTGGet Free Report) rose 16.7% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 449,004 shares were traded during trading, an increase of 144% from the average daily volume of 183,978 shares. The stock had previously closed at C$0.03.

RTG Mining Price Performance

The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a debt-to-equity ratio of 16.36, a quick ratio of 3.19 and a current ratio of 2.58. The firm has a market capitalization of C$67.19 million, a price-to-earnings ratio of -12.96 and a beta of 0.91.

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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