Radius Gold (CVE:RDU) Shares Up 30% – What’s Next?

Radius Gold Inc. (CVE:RDUGet Free Report) shot up 30% during trading on Monday . The company traded as high as C$0.20 and last traded at C$0.20. 932,430 shares changed hands during mid-day trading, an increase of 472% from the average session volume of 163,086 shares. The stock had previously closed at C$0.15.

Radius Gold Stock Up 2.8%

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 firm’s 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.15. The firm has a market cap of C$21.41 million, a price-to-earnings ratio of -18.50 and a beta of -0.57.

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. It also holds interests in the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico; Tropico project located in Zacatecas, Mexico; and Holly and Banderas project located in Guatemala.

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