Radius Gold (CVE:RDU) Stock Price Up 9.5% – Here’s Why

Radius Gold Inc. (CVE:RDUGet Free Report) shares were up 9.5% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 408,489 shares were traded during mid-day trading, an increase of 169% from the average daily volume of 151,660 shares. The stock had previously closed at C$0.11.

Radius Gold Price Performance

The company has a 50-day moving average of C$0.08 and a 200 day moving average of 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 cap of C$11.89 million, a P/E ratio of -6.00 and a beta of 1.52.

Radius Gold Company Profile

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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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