Radius Gold (CVE:RDU) Trading 25% Higher – Time to Buy?

Radius Gold Inc. (CVE:RDUGet Free Report) rose 25% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 580,447 shares traded hands during mid-day trading, an increase of 438% from the average daily volume of 107,816 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Performance

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’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.08. The company has a market cap of C$9.91 million, a PE ratio of -5.00 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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