Radius Gold (CVE:RDU) Stock Price Up 16.7% – Still a Buy?

Radius Gold Inc. (CVE:RDUGet Free Report)’s stock price rose 16.7% during mid-day trading on Friday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 506,582 shares changed hands during mid-day trading, an increase of 171% from the average daily volume of 186,868 shares. The stock had previously closed at C$0.12.

Radius Gold Stock Up 8.3 %

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 stock has a market capitalization of C$12.89 million, a price-to-earnings ratio of -6.50 and a beta of 1.52. The firm’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.08.

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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