Radius Gold (CVE:RDU) Shares Up 31.3% – Time to Buy?

Radius Gold Inc. (CVE:RDUGet Free Report)’s share price shot up 31.3% on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. 390,547 shares were traded during trading, an increase of 300% from the average session volume of 97,689 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Up 31.3 %

The company’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08. 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 firm has a market capitalization of C$10.41 million, a PE ratio of -5.25 and a beta of 1.52.

Radius Gold Company Profile

(Get Free Report)

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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