Renegade Gold (CVE:TGM) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Renegade Gold Inc. (CVE:TGMGet Free Report) passed above its two hundred day moving average during trading on Friday . 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 changing hands.

Renegade Gold Stock Down 12.5%

The firm’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.07. The company has a current ratio of 0.87, a quick ratio of 1.70 and a debt-to-equity ratio of 3.49. The company has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 0.85.

Renegade Gold Company Profile

(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. The company was formerly known as Confederation Minerals Ltd. and changed its name to Trillium Gold Mines Inc in June 2020. Trillium Gold Mines Inc was incorporated in 2005 and is headquartered in Vancouver, Canada.

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