Radius Gold (CVE:RDU) Stock Price Up 31.3% – Still a Buy?

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

Radius Gold Price Performance

The company has a current ratio of 3.17, a quick ratio of 10.20 and a debt-to-equity ratio of 2.80. The firm’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.08. The stock has a market capitalization of C$9.91 million, a PE ratio of -5.00 and a beta of 1.52.

Radius Gold Company Profile

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.