Radius Gold Inc. (CVE:RDU – Get Free Report) shares shot up 31.3% during mid-day trading on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 593,447 shares were traded during mid-day trading, an increase of 434% from the average session volume of 111,216 shares. The stock had previously closed at C$0.08.
Radius Gold Stock Performance
The stock has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.08. The company has a quick ratio of 10.20, a current ratio of 3.17 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of C$9.91 million, a price-to-earnings ratio of -5.00 and a beta of 1.52.
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.
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