Radius Gold (CVE:RDU) Shares Up 31.3% – Here’s Why

Radius Gold Inc. (CVE:RDU) shares were up 31.3% during 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 Price Performance

The firm has a market cap of C$9.91 million, a P/E ratio of -5.00 and a beta of 1.52. The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08. The company has a debt-to-equity ratio of 2.80, a quick ratio of 10.20 and a current ratio of 3.17.

About Radius Gold

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.