Radius Gold (CVE:RDU) Hits New 52-Week Low – Here’s Why

Radius Gold Inc. (CVE:RDU) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 325100 shares changing hands. The stock had previously closed at C$0.13.

Radius Gold Trading Up 12.0%

The company has a market capitalization of C$16.20 million, a P/E ratio of -14.00 and a beta of -0.16. The company has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.14. The company has a debt-to-equity ratio of 4.96, a quick ratio of 10.20 and a current ratio of 4.19.

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.