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

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

Radius Gold Trading Up 31.3 %

The stock 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 current ratio of 3.17, a quick ratio of 10.20 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of C$10.41 million, a P/E ratio of -5.25 and a beta of 1.52.

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.

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