Radius Gold (CVE:RDU) Trading 31.3% Higher – Should You Buy?

Radius Gold Inc. (CVE:RDU) rose 31.3% during mid-day trading on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 593,447 shares traded hands during mid-day 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 Stock Down 4.8 %

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

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.