Radius Gold (CVE:RDU) Shares Down 11.5%

Radius Gold Inc. (CVE:RDU)’s stock price dropped 11.5% during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 377,563 shares traded hands during mid-day trading, an increase of 204% from the average daily volume of 124,053 shares. The stock had previously closed at C$0.13.

Radius Gold Trading Down 7.7 %

The company has a debt-to-equity ratio of 2.93, a current ratio of 24.98 and a quick ratio of 10.20. The firm has a market cap of C$11.89 million, a price-to-earnings ratio of 18.00 and a beta of 1.20. The business’s 50-day moving average price is C$0.19 and its two-hundred day moving average price is C$0.19.

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.