Radisson Mining Resources (CVE:RDS) Stock Price Down 4.3% – Time to Sell?

Radisson Mining Resources Inc. (CVE:RDS)’s stock price fell 4.3% during mid-day trading on Monday . The company traded as low as C$1.10 and last traded at C$1.10. 180,140 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 822,067 shares. The stock had previously closed at C$1.15.

Radisson Mining Resources Price Performance

The business’s 50 day moving average is C$0.82 and its 200-day moving average is C$0.79. The firm has a market capitalization of C$460.42 million, a P/E ratio of -152.14 and a beta of 1.22. The company has a quick ratio of 4.25, a current ratio of 22.78 and a debt-to-equity ratio of 0.06.

Radisson Mining Resources Company Profile

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.