Renegade Gold (CVE:TGM) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Renegade Gold Inc. (CVE:TGMGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.08. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares trading hands.

Renegade Gold Stock Down 12.5 %

The company has a quick ratio of 1.70, a current ratio of 0.87 and a debt-to-equity ratio of 3.49. The firm has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The firm has a market cap of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 0.85.

About Renegade Gold

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Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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