Shares of Radius Gold Inc. (CVE:RDU – Get Free Report) shot up 31.3% on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 390,547 shares traded hands 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 Price Performance
The firm has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.08. The company has a current ratio of 3.17, a quick ratio of 10.20 and a debt-to-equity ratio of 2.80. The company has a market capitalization of C$9.91 million, a P/E ratio of -5.00 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.
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