Radius Gold (CVE:RDU) Stock Price Up 31.3% – Still a Buy?

Radius Gold Inc. (CVE:RDU) traded up 31.3% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 593,447 shares changed hands during trading, an increase of 434% from the average session volume of 111,216 shares. The stock had previously closed at C$0.08.

Radius Gold Stock Up 31.3 %

The stock has a market capitalization of C$10.41 million, a P/E ratio of -5.25 and a beta of 1.52. The company has a quick ratio of 10.20, a current ratio of 3.17 and a debt-to-equity ratio of 2.80. The firm has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08.

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.