Shares of Radisson Mining Resources Inc. (CVE:RDS – Get Free Report) were up 5.9% on Tuesday. The stock traded as high as C$1.00 and last traded at C$0.98. 955,597 shares were traded during trading, an increase of 39% from the average session volume of 687,057 shares. The stock had previously closed at C$0.93.
Analyst Ratings Changes
Separately, ATB Cormark Capital Markets upped their price objective on Radisson Mining Resources from C$2.25 to C$2.45 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Radisson Mining Resources has an average rating of “Buy” and a consensus price target of C$2.45.
View Our Latest Research Report on Radisson Mining Resources
Radisson Mining Resources Trading Up 5.9%
The stock has a market capitalization of C$448.18 million, a P/E ratio of -123.12 and a beta of 1.86. The firm’s 50-day simple moving average is C$1.11 and its 200 day simple moving average is C$0.92. The company has a quick ratio of 4.25, a current ratio of 14.91 and a debt-to-equity ratio of 0.04.
Radisson Mining Resources Company Profile
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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