Radius Gold (CVE:RDU) Shares Up 31.3% – Time to Buy?

Radius Gold Inc. (CVE:RDUGet Free Report)’s share price rose 31.3% during mid-day trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 593,447 shares were traded during trading, an increase of 434% from the average daily volume of 111,216 shares. The stock had previously closed at C$0.08.

Radius Gold Trading Down 4.8 %

The stock’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.17 and a quick ratio of 10.20. The firm has a market cap of C$9.91 million, a PE ratio of -5.00 and a beta of 1.52.

Radius Gold Company Profile

(Get Free Report)

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.

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