Radisson Mining Resources (CVE:RDS) Trading 8.6% Higher

Radisson Mining Resources Inc. (CVE:RDS) shot up 8.6% on Monday . The stock traded as high as C$0.19 and last traded at C$0.19. 145,000 shares changed hands during trading, a decline of 31% from the average session volume of 210,115 shares. The stock had previously closed at C$0.18.

Radisson Mining Resources Stock Down 2.3 %

The company has a market cap of C$67.46 million, a price-to-earnings ratio of -18.50 and a beta of 1.70. The company’s fifty day moving average price is C$0.18 and its two-hundred day moving average price is C$0.17.

Insider Activity at Radisson Mining Resources

In related news, Director Peter Macphail purchased 500,000 shares of Radisson Mining Resources stock in a transaction that occurred on Monday, August 26th. The shares were acquired at an average price of C$0.16 per share, for a total transaction of C$80,000.00. In other Radisson Mining Resources news, Director Peter Macphail purchased 500,000 shares of the stock in a transaction dated Monday, August 26th. The stock was bought at an average price of C$0.16 per share, for a total transaction of C$80,000.00. Also, Senior Officer Matthew Lamont Manson acquired 2,000,000 shares of Radisson Mining Resources stock in a transaction on Monday, August 26th. The stock was acquired at an average cost of C$0.16 per share, for a total transaction of C$320,000.00. Insiders own 10.08% of the company’s stock.

About Radisson Mining Resources

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.