Radisson Mining Resources (CVE:RDS) Reaches New 1-Year High – What’s Next?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$1.22 and last traded at C$1.21, with a volume of 213159 shares. The stock had previously closed at C$1.17.

Radisson Mining Resources Stock Performance

The company has a market capitalization of C$505.82 million, a PE ratio of -167.14 and a beta of 1.32. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.25 and a current ratio of 22.78. The company has a 50 day moving average price of C$0.86 and a 200 day moving average price of C$0.81.

Radisson Mining Resources Company Profile

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Radisson Mining Resources Inc, a gold exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the 100% owned O'Brien gold project that comprise 120 claims covering a total area of 5,875 hectares located in the Abitibi Témiscamingue region of Quebec; and the Douay property, which comprising 30 claims covering an area of approximately 1,606 hectares located in the James Bay territory. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.

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