RTG Mining (TSE:RTG) Stock Price Passes Above 50 Day Moving Average - Here's Why

Key Points

• RTG Mining (TSE:RTG) passed above its fifty-day moving average, trading up 14.3% to C$0.04 on Friday with about 20,000 shares changing hands.
• Fundamentals show a market cap of C$76.79 million and a trailing P/E of -14.81, though the company reported quarterly EPS of C$0.10; liquidity is strong (quick ratio 3.19, current ratio 2.58) with a debt-to-equity of 16.36.
• RTG Mining focuses on high-grade, low-cost gold projects, primarily in the Philippines, with the Mabilo Project as its principal asset.

RTG Mining Inc. (TSE:RTG - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.04 and traded as high as C$0.04. RTG Mining shares last traded at C$0.04, with a volume of 20,000 shares changing hands.

RTG Mining Trading Up 14.3%

The company has a market cap of C$76.79 million, a price-to-earnings ratio of -14.81 and a beta of 0.27. The company has a debt-to-equity ratio of 16.36, a quick ratio of 3.19 and a current ratio of 2.58. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.03.

RTG Mining (TSE:RTG - Get Free Report) last released its quarterly earnings data on Friday, March 27th. The company reported C$0.10 EPS for the quarter.

RTG Mining Company Profile

RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company's other significant assets are located in the Philippines. The organization's principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company's other projects include The Bunawan project and the Nalesbitan Project.

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