Radisson Mining Resources (CVE:RDS) Shares Down 2.2% – Time to Sell?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report)’s share price traded down 2.2% during mid-day trading on Tuesday . The company traded as low as C$0.89 and last traded at C$0.91. Approximately 186,401 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 690,456 shares. The stock had previously closed at C$0.93.

Radisson Mining Resources Stock Down 2.2%

The company has a debt-to-equity ratio of 0.05, a current ratio of 11.57 and a quick ratio of 4.25. The stock has a market cap of C$409.90 million, a price-to-earnings ratio of -151.67 and a beta of 1.13. The firm’s 50-day moving average is C$0.85 and its 200 day moving average is C$0.86.

Radisson Mining Resources Company Profile

(Get Free Report)

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. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.

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