Radius Gold (CVE:RDU) Stock Price Up 20.8% – What’s Next?

Radius Gold Inc. (CVE:RDU) traded up 20.8% during mid-day trading on Saturday . The stock traded as high as C$0.15 and last traded at C$0.15. 120,991 shares changed hands during trading, a decline of 46% from the average session volume of 223,451 shares. The stock had previously closed at C$0.12.

Radius Gold Price Performance

The company has a current ratio of 4.32, a quick ratio of 10.20 and a debt-to-equity ratio of 2.04. The firm’s 50-day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The stock has a market capitalization of C$16.58 million, a PE ratio of -9.92 and a beta of 1.52.

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.