Radius Gold (CVE:RDU) Sets New 52-Week High – Should You Buy?

Radius Gold Inc. (CVE:RDU – Get Free Report) shares hit a new 52-week high during trading on Thursday. The stock traded as high as C$0.26 and last traded at C$0.23, with a volume of 763980 shares traded. The stock had previously closed at C$0.22.

Radius Gold Stock Performance

The company has a market cap of C$28.36 million, a price-to-earnings ratio of -24.50 and a beta of 0.28. The firm’s 50 day simple moving average is C$0.15 and its 200-day simple moving average is C$0.14. The company has a debt-to-equity ratio of 6.58, a quick ratio of 10.20 and a current ratio of 2.31.

About Radius Gold

(Get Free Report)

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.

Further Reading

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