Radius Gold (CVE:RDU) Trading Up 31.3% – Here’s What Happened

Radius Gold Inc. (CVE:RDU)’s stock price rose 31.3% during mid-day trading on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 593,447 shares traded 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 Up 31.3 %

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 50 day moving average of C$0.08 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.17 and a quick ratio of 10.20.

Radius Gold Company Profile

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.