Free Trial

Roscan Gold (CVE:ROS) Hits New 52-Week High - Should You Buy?

Roscan Gold logo with Basic Materials background

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.
  • MarketBeat previews top five stocks to own in November.

Shares of Roscan Gold Co. (CVE:ROS - Get Free Report) reached a new 52-week high during trading on Monday . The company 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 Performance

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 company has a market cap of C$57.01 million, a price-to-earnings ratio of -21.67 and a beta of 1.78. The company has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.07.

About Roscan Gold

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Roscan Gold Right Now?

Before you consider Roscan Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Roscan Gold wasn't on the list.

While Roscan Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.