RT Minerals (CVE:RTM) Reaches New 1-Year Low – Should You Sell?

RT Minerals Corp (CVE:RTM)’s share price reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 101,000 shares changing hands. The stock had previously closed at C$0.03.

RT Minerals Trading Down 20.0%

The company has a current ratio of 0.31, a quick ratio of 0.09 and a debt-to-equity ratio of 697.48. The stock has a market cap of C$229,260.00, a P/E ratio of -1.00 and a beta of 2.11. The firm’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04.

RT Minerals Company Profile

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.