Radius Gold Inc. (CVE:RDU – Get Free Report) was up 16.7% on Friday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 422,437 shares traded hands during trading, an increase of 140% from the average daily volume of 175,996 shares. The stock had previously closed at C$0.12.
Radius Gold Price Performance
The stock’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08. The company has a quick ratio of 10.20, a current ratio of 3.17 and a debt-to-equity ratio of 2.80. The company has a market cap of C$12.89 million, a price-to-earnings ratio of -6.50 and a beta of 1.52.
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.
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