Radius Gold (CVE:RDU) Shares Up 23.1% – Here’s Why

Radius Gold Inc. (CVE:RDUGet Free Report)’s stock price rose 23.1% during trading on Monday . The stock traded as high as C$0.19 and last traded at C$0.16. Approximately 1,223,892 shares changed hands during trading, an increase of 418% from the average daily volume of 236,140 shares. The stock had previously closed at C$0.13.

Radius Gold Price Performance

The firm has a market capitalization of C$15.86 million, a price-to-earnings ratio of -8.00 and a beta of 1.52. 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 business has a 50-day moving average price of C$0.08 and a two-hundred 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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