Radius Gold (CVE:RDU) Trading Up 17.4% – Should You Buy?
by Scott Moore · The Cerbat GemRadius Gold Inc. (CVE:RDU – Get Free Report) was up 17.4% during mid-day trading on Friday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 159,238 shares changed hands during trading, an increase of 52% from the average daily volume of 104,449 shares. The stock had previously closed at C$0.12.
Radius Gold Stock Performance
The company’s fifty day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.14. The company has a market capitalization of C$15.62 million, a price-to-earnings ratio of -13.50 and a beta of -0.16. The company has a debt-to-equity ratio of 4.96, a quick ratio of 10.20 and a current ratio of 4.19.
About Radius Gold
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. It also holds interests in the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico; Tropico project located in Zacatecas, Mexico; and Holly and Banderas project located in Guatemala.