Radisson Mining Resources (CVE:RDS) Shares Down 4.6% – Here’s Why

Radisson Mining Resources Inc. (CVE:RDSGet Free Report) shares traded down 4.6% during mid-day trading on Monday . The company traded as low as C$0.31 and last traded at C$0.31. 152,140 shares were traded during mid-day trading, a decline of 31% from the average session volume of 219,635 shares. The stock had previously closed at C$0.33.

Radisson Mining Resources Stock Performance

The stock has a market cap of C$105.75 million, a price-to-earnings ratio of -113.88 and a beta of 1.78. The company’s 50 day simple moving average is C$0.34 and its 200 day simple moving average is C$0.30.

About Radisson Mining Resources

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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.

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