Radius Gold (CVE:RDU) Shares Up 31.3% – What’s Next?

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

Radius Gold Price Performance

The firm has a market cap of C$9.91 million, a price-to-earnings ratio of -5.00 and a beta of 1.52. The company has a debt-to-equity ratio of 2.80, a quick ratio of 10.20 and a current ratio of 3.17. The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08.

About Radius Gold

(Get Free Report)

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.

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