Radisson Mining Resources (CVE:RDS) Shares Up 0.9% – Should You Buy?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report) rose 0.9% during mid-day trading on Monday . The stock traded as high as C$1.10 and last traded at C$1.08. Approximately 619,202 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 781,995 shares. The stock had previously closed at C$1.07.

Radisson Mining Resources Stock Performance

The firm has a market capitalization of C$486.47 million, a price-to-earnings ratio of -180.00 and a beta of 1.32. The company has a debt-to-equity ratio of 0.05, a current ratio of 11.57 and a quick ratio of 4.25. The firm has a 50 day moving average price of C$0.96 and a 200-day moving average price of C$0.85.

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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