Radius Gold (CVE:RDU) Stock Price Up 30% – Here’s What Happened
by Danessa Lincoln · The Markets DailyShares of Radius Gold Inc. (CVE:RDU – Get Free Report) were up 30% on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 932,430 shares traded hands during mid-day trading, an increase of 472% from the average daily volume of 163,086 shares. The stock had previously closed at C$0.15.
Radius Gold Trading Up 26.7%
The firm has a 50-day moving average of C$0.15 and a 200 day moving average of C$0.15. The company has a market cap of C$21.98 million, a P/E ratio of -19.00 and a beta of -0.57. The company has a current ratio of 4.32, a quick ratio of 10.20 and a debt-to-equity ratio of 2.04.
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.