RTG Mining (TSE:RTG) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of RTG Mining Inc. (TSE:RTGGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.04 and traded as high as C$0.04. RTG Mining shares last traded at C$0.04, with a volume of 294,000 shares.

RTG Mining Stock Performance

The stock has a market capitalization of C$76.79 million, a price-to-earnings ratio of -14.81 and a beta of 0.97. The company has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The company has a quick ratio of 3.19, a current ratio of 2.58 and a debt-to-equity ratio of 16.36.

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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