Radius Gold (CVE:RDU) Trading 14.3% Higher – Still a Buy?

Radius Gold Inc. (CVE:RDU)’s share price traded up 14.3% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12. 466,314 shares traded hands during mid-day trading, an increase of 198% from the average session volume of 156,734 shares. The stock had previously closed at C$0.11.

Radius Gold Stock Up 14.3 %

The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.08. The firm has a market capitalization of C$11.89 million, a PE ratio of -6.00 and a beta of 1.52. The company has a debt-to-equity ratio of 2.80, a quick ratio of 10.20 and a current ratio of 3.17.

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.