Radius Gold (CVE:RDU) Shares Up 31.3% – Here’s Why

Radius Gold Inc. (CVE:RDUGet Free Report) rose 31.3% during trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 390,547 shares were traded during mid-day trading, an increase of 300% from the average daily volume of 97,689 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Performance

The firm has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08. The company has a current ratio of 3.17, a quick ratio of 10.20 and a debt-to-equity ratio of 2.80. The company has a market capitalization of C$9.91 million, a price-to-earnings ratio of -5.00 and a beta of 1.52.

About Radius Gold

(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.

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