Roscan Gold (CVE:ROS) Shares Down 15.4% – Time to Sell?

Roscan Gold Co. (CVE:ROS – Get Free Report) shares were down 15.4% during trading on Monday. The company traded as low as C$0.11 and last traded at C$0.11. Approximately 472,136 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 291,378 shares. The stock had previously closed at C$0.13.

Roscan Gold Price Performance

The company’s fifty day moving average price is C$0.18 and its 200 day moving average price is C$0.19. The company has a quick ratio of 0.31, a current ratio of 0.09 and a debt-to-equity ratio of -72.51. The company has a market capitalization of C$49.87 million, a P/E ratio of -9.17 and a beta of 3.38.

Roscan Gold Company Profile

(Get Free Report)

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.

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