Radius Gold (CVE:RDU) Shares Up 31.3% – Still a Buy?

Radius Gold Inc. (CVE:RDUGet Free Report)’s stock price rose 31.3% during trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 593,447 shares changed hands during trading, an increase of 434% from the average daily volume of 111,216 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Performance

The company has a current ratio of 3.17, a quick ratio of 10.20 and a debt-to-equity ratio of 2.80. The company has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.08. The firm has a market capitalization of C$10.41 million, a price-to-earnings ratio of -5.25 and a beta of 1.52.

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.

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