Radius Gold (CVE:RDU) Trading Up 20.8% – Should You Buy?

by · The Cerbat Gem

Radius Gold Inc. (CVE:RDU – Get Free Report)’s stock price was up 20.8% on Saturday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 120,991 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 223,451 shares. The stock had previously closed at C$0.12.

Radius Gold Trading Up 20.8 %

The company has a quick ratio of 10.20, a current ratio of 4.32 and a debt-to-equity ratio of 2.04. The company has a market capitalization of C$16.58 million, a price-to-earnings ratio of -9.92 and a beta of 1.52. The company’s fifty day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.09.

Radius Gold Company Profile

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Radius Gold Inc engages in the acquisition and exploration of mineral properties. It explores for gold, silver, copper, zinc, and lead deposits. The company holds interests in the Maricela project covering an area of 155 hectares located in Sonora, Mexico; the Rambler project covering an area of 10,379-hectares located in Chihuahua, Mexico; and the Amalia project covering an area of 10,250 hectares located in Chihuahua, Mexico.

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