Radius Gold (CVE:RDU) Shares Up 20.8% – Should You Buy?

Radius Gold Inc. (CVE:RDU) shares were up 20.8% during trading on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 120,991 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 223,451 shares. The stock had previously closed at C$0.12.

Radius Gold Price Performance

The company has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.09. The company has a current ratio of 4.32, a quick ratio of 10.20 and a debt-to-equity ratio of 2.04. The firm has a market cap of C$16.58 million, a price-to-earnings ratio of -9.92 and a beta of 1.52.

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.