Radius Gold (CVE:RDU) Stock Jumps 15.2% – Still a Buy?

Shares of Radius Gold Inc. (CVE:RDU) shot up 15.2% on Monday. The stock traded as high as C$0.27 and last traded at C$0.27. Approximately 310,666 shares changed hands during trading, an increase of 113% from the average session volume of 145,948 shares. The stock had previously closed at C$0.23.

Radius Gold Stock Down 3.9%

The company has a quick ratio of 10.20, a current ratio of 2.31 and a debt-to-equity ratio of 6.58. The company has a market cap of C$28.36 million, a price-to-earnings ratio of -24.50 and a beta of -0.04. The stock has a fifty day moving average price of C$0.20 and a two-hundred day moving average price of C$0.15.

Insider Transactions at Radius Gold

In other Radius Gold news, Director Bruce Alexander Smith sold 195,000 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of C$0.24, for a total value of C$46,800.00. Following the completion of the sale, the director owned 580,000 shares of the company’s stock, valued at C$139,200. The trade was a 25.16% decrease in their position. 12.24% of the stock is owned by corporate insiders.

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.