Radisson Mining Resources (CVE:RDS) Stock Price Up 2.2% – Still a Buy?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report)’s stock price rose 2.2% during trading on Friday . The company traded as high as C$0.72 and last traded at C$0.70. Approximately 246,616 shares changed hands during trading, a decline of 78% from the average daily volume of 1,140,610 shares. The stock had previously closed at C$0.68.

Radisson Mining Resources Trading Up 2.2%

The stock’s 50 day moving average is C$0.83 and its two-hundred day moving average is C$0.69. The stock has a market capitalization of C$294.48 million, a price-to-earnings ratio of -139.00 and a beta of 1.01.

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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