Radisson Mining Resources (CVE:RDS) Stock Price Up 2.4% – Should You Buy?
by Danessa Lincoln · The Markets DailyRadisson Mining Resources Inc. (CVE:RDS – Get Free Report) shares traded up 2.4% during trading on Tuesday . The stock traded as high as C$0.95 and last traded at C$0.87. 1,106,525 shares were traded during trading, an increase of 45% from the average session volume of 764,541 shares. The stock had previously closed at C$0.85.
Radisson Mining Resources Trading Up 1.2%
The company has a 50 day moving average of C$0.97 and a 200 day moving average of C$0.86. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.25 and a current ratio of 11.57. The stock has a market capitalization of C$387.38 million, a price-to-earnings ratio of -143.33 and a beta of 1.12.
About Radisson Mining Resources
Radisson Mining Resources Inc, a gold exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the 100% owned O'Brien gold project that comprise 120 claims covering a total area of 5,875 hectares located in the Abitibi Témiscamingue region of Quebec; and the Douay property, which comprising 30 claims covering an area of approximately 1,606 hectares located in the James Bay territory. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.