Radius Gold Inc. (CVE:RDU – Get Free Report) shares rose 44.8% during trading on Wednesday. The company traded as high as C$0.22 and last traded at C$0.21. 1,945,748 shares were traded during trading, an increase of 1,647% from the average daily volume of 111,374 shares. The stock had previously closed at C$0.14.
Radius Gold Price Performance
The company has a debt-to-equity ratio of 6.58, a current ratio of 2.31 and a quick ratio of 10.20. The stock has a market capitalization of C$26.04 million, a price-to-earnings ratio of -22.50 and a beta of 0.28. The company has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.14.
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.
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