RT Minerals (CVE:RTM) Trading Down 15.4% – Time to Sell?

RT Minerals Corp (CVE:RTM)’s share price dropped 15.4% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 270,000 shares were traded during mid-day trading, an increase of 242% from the average daily volume of 78,994 shares. The stock had previously closed at C$0.07.

RT Minerals Price Performance

The company has a market cap of C$608,465.00, a PE ratio of -2.75 and a beta of 2.10. The stock’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.06. The company has a debt-to-equity ratio of 697.48, a quick ratio of 0.09 and a current ratio of 0.31.

About RT Minerals

RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold, base metal, and rare earth elements. The company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property that consists of 15 unpatented single cell mining claims covering an area of 220 hectares in one claim block located in the Town of Kirkland Lake, Ontario. In addition, it holds a 100% royalty-free interest in the Ireland rare earth element property comprising 52 claims covering an area of 421 hectares located in northeast of Smooth Rock Falls, Ontario; Timmins base metal property and Milligan property located in northeast of Timmins, Ontario; and Blakelock and McQuibban gold properties located in northeast of Cochrane, Ontario.