Radius Gold Inc. (CVE:RDU – Get Free Report)’s stock price shot up 24% during trading on Friday . The stock traded as high as C$0.16 and last traded at C$0.15. 452,389 shares changed hands during mid-day trading, an increase of 332% from the average daily volume of 104,700 shares. The stock had previously closed at C$0.12.
Radius Gold Stock Up 20.0%
The firm has a market cap of C$17.36 million, a PE ratio of -15.00 and a beta of -0.16. The company has a quick ratio of 10.20, a current ratio of 4.19 and a debt-to-equity ratio of 4.96. The business has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.14.
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. 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.
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