Roscan Gold (CVE:ROS) Stock Price Up 9.4% – Should You Buy?

Roscan Gold Co. (CVE:ROSGet Free Report) was up 9.4% during trading on Friday . The company traded as high as C$0.17 and last traded at C$0.17. 78,111 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 326,950 shares. The stock had previously closed at C$0.16.

Roscan Gold Stock Up 18.8%

The stock has a market capitalization of C$83.32 million, a price-to-earnings ratio of -17.27 and a beta of 3.09. The company has a quick ratio of 0.31, a current ratio of 0.25 and a debt-to-equity ratio of -89.25. The business’s 50-day moving average is C$0.17 and its two-hundred day moving average is C$0.20.

Roscan Gold Company Profile

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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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