Radisson Mining Resources (CVE:RDS) Stock Price Up 2.4% – Should You Buy?

Shares of Radisson Mining Resources Inc. (CVE:RDSGet Free Report) were up 2.4% during trading on Tuesday . The company traded as high as C$0.95 and last traded at C$0.87. 1,106,525 shares were traded during mid-day trading, an increase of 45% from the average daily volume of 764,541 shares. The stock had previously closed at C$0.85.

Radisson Mining Resources Trading Up 1.2%

The company has a current ratio of 11.57, a quick ratio of 4.25 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average price of C$0.97 and a two-hundred day moving average price of C$0.86. The firm has a market capitalization of C$387.38 million, a price-to-earnings ratio of -143.33 and a beta of 1.12.

About Radisson Mining Resources

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Radisson Mining Resources Inc, a gold exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the 100% owned O'Brien gold project that comprise 120 claims covering a total area of 5,875 hectares located in the Abitibi Témiscamingue region of Quebec; and the Douay property, which comprising 30 claims covering an area of approximately 1,606 hectares located in the James Bay territory. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.

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