Radius Gold (CVE:RDU) Stock Price Down 6.3% – Here’s What Happened

Shares of Radius Gold Inc. (CVE:RDU) traded down 6.3% during trading on Monday . The stock traded as low as C$0.15 and last traded at C$0.15. 87,290 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 210,526 shares. The stock had previously closed at C$0.16.

Radius Gold Trading Down 6.3 %

The company has a debt-to-equity ratio of 2.04, a current ratio of 4.32 and a quick ratio of 10.20. The business’s 50-day moving average is C$0.13 and its 200 day moving average is C$0.10. The firm has a market capitalization of C$17.15 million, a P/E ratio of -10.27 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.