Radius Gold (CVE:RDU) Shares Down 9.1% – What’s Next?

Radius Gold Inc. (CVE:RDU) shares were down 9.1% during mid-day trading on Monday . The company traded as low as C$0.15 and last traded at C$0.15. 207,032 shares traded hands during trading, an increase of 153% from the average session volume of 81,795 shares. The stock had previously closed at C$0.17.

Radius Gold Stock Down 6.1%

The company has a market capitalization of C$17.93 million, a PE ratio of -15.50 and a beta of -0.57. The firm has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.15. The company has a debt-to-equity ratio of 2.04, a quick ratio of 10.20 and a current ratio of 4.32.

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. It also holds interests in the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico; Tropico project located in Zacatecas, Mexico; and Holly and Banderas project located in Guatemala.