Radius Gold (CVE:RDU) Trading 31.3% Higher – Here’s Why

Radius Gold Inc. (CVE:RDU) shares were up 31.3% on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 390,547 shares were traded during trading, an increase of 300% from the average daily volume of 97,689 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Up 31.3 %

The firm has a market cap of C$10.41 million, a PE ratio of -5.25 and a beta of 1.52. The company has a debt-to-equity ratio of 2.80, a quick ratio of 10.20 and a current ratio of 3.17. The company’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.08.

Radius Gold Company Profile

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.