Radius Gold (CVE:RDU) Sets New 12-Month Low – Here’s Why

Radius Gold Inc. (CVE:RDUGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 325100 shares. The stock had previously closed at C$0.13.

Radius Gold Stock Performance

The stock’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.14. The stock has a market cap of C$13.31 million, a price-to-earnings ratio of -11.50 and a beta of -0.16. The company has a current ratio of 4.19, a quick ratio of 10.20 and a debt-to-equity ratio of 4.96.

About Radius Gold

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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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