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

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

Radisson Mining Resources Stock Performance

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 company has a market capitalization of C$486.47 million, a price-to-earnings ratio of -180.00 and a beta of 1.32. The stock has a 50 day simple moving average of C$0.96 and a two-hundred day simple moving average 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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