Radius Gold (CVE:RDU) Shares Up 20.8% – Should You Buy?

Radius Gold Inc. (CVE:RDUGet Free Report)’s share price shot up 20.8% during mid-day trading on Saturday . The company traded as high as C$0.15 and last traded at C$0.15. 120,991 shares traded hands during trading, a decline of 46% from the average session volume of 223,451 shares. The stock had previously closed at C$0.12.

Radius Gold Stock Up 20.8 %

The company has a quick ratio of 10.20, a current ratio of 4.32 and a debt-to-equity ratio of 2.04. The company has a market capitalization of C$16.58 million, a price-to-earnings ratio of -9.92 and a beta of 1.52. The business has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.09.

About Radius Gold

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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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