Roscan Gold (CVE:ROS) Sets New 1-Year High - Here's Why

Key Points

• Roscan Gold Co. (CVE:ROS) shares reached a new 52-week high, trading at C$0.18, with a total volume of 797,540 shares.
• The company has a debt-to-equity ratio of -55.84 and a market capitalization of C$67.97 million, indicating significant financial leverage.
• Roscan Gold is focused on the exploration and development of mineral properties, particularly gold deposits in Mali, West Africa.

Roscan Gold Co. (CVE:ROS - ) shares hit a new 52-week high on Monday . The stock traded as high as C$0.18 and last traded at C$0.17, with a volume of 797540 shares trading hands. The stock had previously closed at C$0.17.

Roscan Gold Price Performance

The company has a debt-to-equity ratio of -55.84, a current ratio of 0.04 and a quick ratio of 0.31. The stock has a market capitalization of C$67.97 million, a price-to-earnings ratio of -25.83 and a beta of 1.78. The stock's 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08.

About Roscan Gold

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.