Renegade Gold (CVE:TGM) Stock Price Crosses Above 200-Day Moving Average of $0.07

Renegade Gold Inc. (CVE:TGM)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Renegade Gold Stock Performance

The firm has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. The company has a current ratio of 0.17, a quick ratio of 1.70 and a debt-to-equity ratio of 3.65. The stock has a market cap of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85.

Insider Buying and Selling at Renegade Gold

In related news, Senior Officer James Russell Starr bought 312,500 shares of the company’s stock in a transaction dated Friday, January 26th. The stock was acquired at an average cost of C$0.32 per share, with a total value of C$100,000.00. Insiders own 11.78% of the company’s stock.

Renegade Gold Company Profile

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.