Radius Gold (CVE:RDU) Shares Up 20.8% – Should You Buy?

Shares of Radius Gold Inc. (CVE:RDU) were up 20.8% on Saturday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 120,991 shares changed hands during trading, a decline of 46% from the average daily volume of 223,451 shares. The stock had previously closed at C$0.12.

Radius Gold Stock Up 20.8 %

The business has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.09. The company has a debt-to-equity ratio of 2.04, a current ratio of 4.32 and a quick ratio of 10.20. The firm has a market cap of C$16.58 million, a PE ratio of -9.92 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.