Reunion Gold (CVE:RGD) Share Price Passes Below 200-Day Moving Average of $0.22

Reunion Gold Co. (CVE:RGD) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.22 and traded as low as $0.21. Reunion Gold shares last traded at $0.21, with a volume of 6,000 shares.

The firm has a market capitalization of $87.63 million and a PE ratio of -4.36. The company has a quick ratio of 4.26, a current ratio of 4.33 and a debt-to-equity ratio of 5.06. The business’s fifty day moving average price is C$0.26 and its 200 day moving average price is C$0.22.

Reunion Gold (CVE:RGD) last issued its quarterly earnings results on Friday, August 16th. The mining company reported C($0.01) EPS for the quarter.

In related news, Senior Officer Joachim Bayah sold 300,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of C$0.28, for a total value of C$82,830.00. Following the completion of the sale, the insider now directly owns 303,000 shares in the company, valued at C$83,658.30.

Reunion Gold Company Profile (CVE:RGD)

Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral properties in South America. The company primarily explores for gold deposits. It holds an option to acquire interest in six gold projects in French Guiana and Guyana. Reunion Gold Corporation has a strategic alliance with Barrick Gold Corporation to explore for, develop, and mine various mineral projects in the Guiana Shield, including Guyana, Suriname, French Guiana, and the north and northeast regions of Brazil.

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