Radisson Mining Resources (CVE:RDS) Shares Up 2.4% – Time to Buy?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report) was up 2.4% during trading on Tuesday . The company traded as high as C$0.95 and last traded at C$0.87. 1,106,525 shares traded hands during trading, an increase of 45% from the average daily volume of 764,541 shares. The stock had previously closed at C$0.85.

Radisson Mining Resources Trading Up 3.5%

The company has a quick ratio of 4.25, a current ratio of 11.57 and a debt-to-equity ratio of 0.05. The business’s fifty day moving average is C$0.96 and its 200-day moving average is C$0.86. The stock has a market capitalization of C$396.38 million, a PE ratio of -146.67 and a beta of 1.12.

Radisson Mining Resources Company Profile

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Radisson Mining Resources Inc, a gold exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the 100% owned O'Brien gold project that comprise 120 claims covering a total area of 5,875 hectares located in the Abitibi Témiscamingue region of Quebec; and the Douay property, which comprising 30 claims covering an area of approximately 1,606 hectares located in the James Bay territory. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.

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