Radius Gold (CVE:RDU) Shares Up 15.4% – Time to Buy?

Radius Gold Inc. (CVE:RDU) shot up 15.4% during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.15. 546,500 shares changed hands during mid-day trading, an increase of 164% from the average session volume of 207,124 shares. The stock had previously closed at C$0.13.

Radius Gold Stock Up 10.3 %

The company has a debt-to-equity ratio of 2.80, a quick ratio of 10.20 and a current ratio of 3.17. The stock has a market cap of C$15.86 million, a P/E ratio of -8.00 and a beta of 1.52. The stock’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08.

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.