Radius Gold (CVE:RDU) Stock Jumps 44.8% – Should You Buy?

Radius Gold Inc. (CVE:RDU) shares shot up 44.8% on Wednesday. The company traded as high as C$0.22 and last traded at C$0.21. 1,945,748 shares traded hands during mid-day trading, an increase of 1,647% from the average session volume of 111,374 shares. The stock had previously closed at C$0.14.

Radius Gold Stock Up 6.8%

The company has a market capitalization of C$27.20 million, a P/E ratio of -23.50 and a beta of 0.28. The company has a debt-to-equity ratio of 6.58, a quick ratio of 10.20 and a current ratio of 2.31. The firm’s fifty day moving average is C$0.15 and its 200-day moving average is 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.