Radius Gold (CVE:RDU) Trading 25% Higher – Still a Buy?

Radius Gold Inc. (CVE:RDUGet Free Report) traded up 25% during mid-day trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.10. 580,447 shares traded hands during mid-day trading, an increase of 426% from the average session volume of 110,349 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Up 31.3 %

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 company has a market capitalization of C$10.41 million, a price-to-earnings ratio of -5.25 and a beta of 1.52. The business has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.08.

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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