Radius Gold (CVE:RDU) Reaches New 52-Week Low – Here’s What Happened

Radius Gold Inc. (CVE:RDU) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 411900 shares changing hands. The stock had previously closed at C$0.12.

Radius Gold Trading Down 4.0%

The company has a fifty day moving average of C$0.14 and a two-hundred day moving average of C$0.14. The company has a current ratio of 4.19, a quick ratio of 10.20 and a debt-to-equity ratio of 4.96. The stock has a market capitalization of C$13.88 million, a price-to-earnings ratio of -12.00 and a beta of -0.16.

About Radius Gold

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. It also holds interests in the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico; Tropico project located in Zacatecas, Mexico; and Holly and Banderas project located in Guatemala.