Radius Gold (CVE:RDU) Trading 31.3% Higher – Still a Buy?

Radius Gold Inc. (CVE:RDUGet Free Report) shares rose 31.3% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 390,547 shares were traded during mid-day trading, an increase of 300% from the average daily volume of 97,689 shares. The stock had previously closed at C$0.08.

Radius Gold Price Performance

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

About Radius Gold

(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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