Radisson Mining Resources (CVE:RDS) Shares Down 4.3% – Here’s What Happened

Radisson Mining Resources Inc. (CVE:RDS)’s stock price dropped 4.3% during mid-day trading on Monday . The stock traded as low as C$1.10 and last traded at C$1.10. Approximately 180,140 shares traded hands during trading, a decline of 78% from the average daily volume of 822,067 shares. The stock had previously closed at C$1.15.

Radisson Mining Resources Trading Down 3.7%

The firm has a market capitalization of C$453.94 million, a PE ratio of -150.00 and a beta of 1.32. The firm’s fifty day moving average is C$0.83 and its two-hundred day moving average is C$0.80. The company has a debt-to-equity ratio of 0.06, a current ratio of 22.78 and a quick ratio of 4.25.

About Radisson Mining Resources

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.