Radius Gold (CVE:RDU) Trading Down 3.7% – Time to Sell?

Shares of Radius Gold Inc. (CVE:RDU) traded down 3.7% during trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 188,520 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 139,620 shares. The stock had previously closed at C$0.14.

Radius Gold Stock Down 7.4%

The company has a quick ratio of 10.20, a current ratio of 4.40 and a debt-to-equity ratio of 4.38. The business has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.15. The stock has a market capitalization of C$14.46 million, a P/E ratio of -12.50 and a beta of -0.70.

About Radius Gold

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.