Roscan Gold (CVE:ROS) Sets New 12-Month High - Here's What Happened

Key Points

• Roscan Gold achieved a new 12-month high with shares trading at C$0.14, a significant increase from a previous close of C$0.11.
• The company, involved in gold exploration in Mali, West Africa, holds 100% interests in the Kandiole project, covering approximately 402 square kilometers.
• Roscan Gold's market cap stands at C$59.20 million with a current debt-to-equity ratio of -55.84, indicating a strong financial position.

Shares of Roscan Gold Co. (CVE:ROS - ) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.14, with a volume of 1715460 shares. The stock had previously closed at C$0.11.

Roscan Gold Stock Up 28.6%

The firm's fifty day moving average is C$0.09 and its 200 day moving average is C$0.07. The company has a debt-to-equity ratio of -55.84, a quick ratio of 0.31 and a current ratio of 0.04. The firm has a market cap of C$59.20 million, a P/E ratio of -22.50 and a beta of 1.78.

Roscan Gold Company Profile

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.

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