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Radisson Mining Resources (CVE:RDS) Shares Up 10.4% - Should You Buy?

Radisson Mining Resources logo with Basic Materials background

Radisson Mining Resources Inc. (CVE:RDS - Get Free Report)'s stock price was up 10.4% during mid-day trading on Wednesday . The stock traded as high as C$0.44 and last traded at C$0.43. Approximately 82,527 shares changed hands during trading, a decline of 60% from the average daily volume of 207,000 shares. The stock had previously closed at C$0.39.

Radisson Mining Resources Stock Performance

The firm's 50 day simple moving average is C$0.37 and its 200-day simple moving average is C$0.35. The company has a market capitalization of C$136.45 million, a price-to-earnings ratio of -146.95 and a beta of 1.78.

Radisson Mining Resources Company Profile

(Get Free Report)

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.

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