Radius Gold (CVE:RDU) Stock Price Up 8.3% – Should You Buy?

Shares of Radius Gold Inc. (CVE:RDUGet Free Report) traded up 8.3% during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 110,000 shares changed hands during trading, a decline of 51% from the average session volume of 223,154 shares. The stock had previously closed at C$0.12.

Radius Gold Price Performance

The company’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The stock has a market cap of C$16.58 million, a P/E ratio of -9.92 and a beta of 1.52. The company has a quick ratio of 10.20, a current ratio of 4.32 and a debt-to-equity ratio of 2.04.

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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