Radius Gold Inc. (CVE:RDU – Get Free Report) shares shot up 44.8% during mid-day trading on Wednesday. The stock traded as high as C$0.22 and last traded at C$0.21. 1,945,748 shares traded hands during trading, an increase of 1,647% from the average session volume of 111,374 shares. The stock had previously closed at C$0.14.
Radius Gold Trading Up 55.2%
The stock has a market cap of C$26.04 million, a P/E ratio of -22.50 and a beta of 0.28. The firm’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.14. The company has a quick ratio of 10.20, a current ratio of 2.31 and a debt-to-equity ratio of 6.58.
About Radius Gold
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. It also holds interests in the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico; Tropico project located in Zacatecas, Mexico; and Holly and Banderas project located in Guatemala.
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