Radius Gold (CVE:RDU) Stock Price Up 31.3% – Should You Buy?

Radius Gold Inc. (CVE:RDU)’s share price shot up 31.3% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 593,447 shares traded hands during mid-day trading, an increase of 434% from the average session volume of 111,216 shares. The stock had previously closed at C$0.08.

Radius Gold Price Performance

The company has a market cap of C$10.41 million, a P/E ratio of -5.25 and a beta of 1.52. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.17 and a quick ratio of 10.20. The company has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08.

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.