Shares of Radius Gold Inc. (CVE:RDU – Get Free Report) were up 11.1% on Wednesday. The company traded as high as C$0.27 and last traded at C$0.25. 246,795 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 141,006 shares. The stock had previously closed at C$0.23.
Radius Gold Stock Performance
The stock has a market capitalization of C$27.78 million, a PE ratio of -24.00 and a beta of 0.28. The company has a debt-to-equity ratio of 6.58, a quick ratio of 10.20 and a current ratio of 2.31. The firm’s 50 day moving average is C$0.18 and its two-hundred day moving average is C$0.15.
Insider Buying and Selling at Radius Gold
In other news, Director Bruce Alexander Smith sold 195,000 shares of the company’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of C$0.24, for a total transaction of C$46,800.00. Following the sale, the director owned 580,000 shares of the company’s stock, valued at approximately C$139,200. This represents a 25.16% decrease in their ownership of the stock. Corporate insiders own 12.24% of the company’s stock.
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. 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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