Radius Gold (CVE:RDU) Shares Up 31.3% – Should You Buy?

Radius Gold Inc. (CVE:RDU)’s stock price shot up 31.3% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 390,547 shares were traded during mid-day trading, an increase of 300% from the average session volume of 97,689 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Performance

The stock has a market cap of C$9.91 million, a P/E ratio of -5.00 and a beta of 1.52. The stock has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The company has a quick ratio of 10.20, a current ratio of 3.17 and a debt-to-equity ratio of 2.80.

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.