Radius Gold (CVE:RDU) Sets New 52-Week High – Should You Buy?

Radius Gold Inc. (CVE:RDU – Get Free Report)’s share price reached a new 52-week high during trading on Thursday. The company traded as high as C$0.26 and last traded at C$0.23, with a volume of 763980 shares. The stock had previously closed at C$0.22.

Radius Gold Trading Up 11.4%

The company has a debt-to-equity ratio of 6.58, a quick ratio of 10.20 and a current ratio of 2.31. The company has a market cap of C$28.36 million, a price-to-earnings ratio of -24.50 and a beta of 0.28. The company’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.14.

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.

Further Reading

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