Roscan Gold (CVE:ROS) Reaches New 12-Month High – Still a Buy?

Roscan Gold Co. (CVE:ROS)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.27 and last traded at C$0.27, with a volume of 229015 shares trading hands. The stock had previously closed at C$0.26.

Roscan Gold Stock Performance

The company has a market cap of C$109.63 million, a P/E ratio of -41.67 and a beta of 2.69. The company has a quick ratio of 0.31, a current ratio of 0.22 and a debt-to-equity ratio of -71.99. The stock has a 50 day moving average price of C$0.22 and a two-hundred day moving average price of C$0.16.

About Roscan Gold

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.