Radius Gold (CVE:RDU) Trading Up 9.5% – What’s Next?

Radius Gold Inc. (CVE:RDU)’s stock price shot up 9.5% on Monday . The company traded as high as C$0.12 and last traded at C$0.12. 408,489 shares changed hands during trading, an increase of 169% from the average session volume of 151,660 shares. The stock had previously closed at C$0.11.

Radius Gold Stock Performance

The company has a current ratio of 3.17, a quick ratio of 10.20 and a debt-to-equity ratio of 2.80. The stock’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.08. The firm has a market capitalization of C$10.90 million, a price-to-earnings ratio of -5.50 and a beta of 1.52.

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.