Radius Gold Inc. (CVE:RDU – Get Free Report)’s share price rose 25% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 580,447 shares traded hands during mid-day trading, an increase of 426% from the average daily volume of 110,349 shares. The stock had previously closed at C$0.08.
Radius Gold Price Performance
The stock’s 50-day moving average is C$0.08 and its 200-day moving average is 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 cap of C$10.41 million, a P/E ratio of -5.25 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.
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