Radisson Mining Resources (CVE:RDS) Price Target Raised to C$2.45

Radisson Mining Resources (CVE:RDS) had its price target boosted by equities research analysts at ATB Cormark Capital Markets from C$2.25 to C$2.45 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ price target indicates a potential upside of 92.91% from the company’s current price.

Radisson Mining Resources Price Performance

Radisson Mining Resources stock remained flat at C$1.27 during mid-day trading on Tuesday. The company’s stock had a trading volume of 1,186,253 shares, compared to its average volume of 718,358. The firm has a market cap of C$572.05 million, a P/E ratio of -211.67 and a beta of 1.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.25 and a current ratio of 11.57. Radisson Mining Resources has a 52-week low of C$0.53 and a 52-week high of C$1.34. The company has a 50 day moving average price of C$0.86 and a 200 day moving average price of C$0.87.

Radisson Mining Resources Company Profile

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.