Radisson Mining Resources (CVE:RDS) Shares Up 8.5% – Should You Buy?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report)’s share price rose 8.5% on Monday . The stock traded as high as C$0.65 and last traded at C$0.64. Approximately 1,346,498 shares traded hands during mid-day trading, an increase of 65% from the average daily volume of 817,860 shares. The stock had previously closed at C$0.59.

Radisson Mining Resources Trading Up 8.5%

The business has a 50 day moving average of C$0.75 and a 200-day moving average of C$0.74. The stock has a market cap of C$271.17 million, a PE ratio of -128.00 and a beta of 1.19.

About Radisson Mining Resources

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Radisson Mining Resources Inc, a gold exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the 100% owned O'Brien gold project that comprise 120 claims covering a total area of 5,875 hectares located in the Abitibi Témiscamingue region of Quebec; and the Douay property, which comprising 30 claims covering an area of approximately 1,606 hectares located in the James Bay territory. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.

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