Shares of Radius Gold Inc. (CVE:RDU – Get Free Report) traded up 24% during mid-day trading on Friday . The company traded as high as C$0.16 and last traded at C$0.15. 452,389 shares were traded during trading, an increase of 332% from the average session volume of 104,700 shares. The stock had previously closed at C$0.12.
Radius Gold Price Performance
The business has a 50-day moving average of C$0.14 and a 200 day moving average of C$0.14. The company has a current ratio of 4.19, a quick ratio of 10.20 and a debt-to-equity ratio of 4.96. The firm has a market capitalization of C$17.36 million, a P/E ratio of -15.00 and a beta of -0.16.
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. 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.
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