Radius Gold (CVE:RDU) Trading 31.3% Higher – Time to Buy?

Radius Gold Inc. (CVE:RDUGet Free Report) rose 31.3% on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 593,447 shares were traded during mid-day trading, an increase of 434% from the average daily volume of 111,216 shares. The stock had previously closed at C$0.08.

Radius Gold Price Performance

The company has a market capitalization of C$10.41 million, a P/E ratio of -5.25 and a beta of 1.52. The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average 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.

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.

Further Reading

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