RTG Mining (TSE:RTG) Shares Down 11.1% – Here’s What Happened

RTG Mining Inc. (TSE:RTGGet Free Report)’s share price dropped 11.1% during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 300,500 shares were traded during mid-day trading, an increase of 60% from the average session volume of 187,724 shares. The stock had previously closed at C$0.04.

RTG Mining Stock Performance

The stock has a market capitalization of C$86.39 million, a P/E ratio of -16.67 and a beta of 0.97. The firm’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a debt-to-equity ratio of 16.36, a current ratio of 2.58 and a quick ratio of 3.19.

RTG Mining Company Profile

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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.

Further Reading

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