Radisson Mining Resources (CVE:RDS) Shares Up 1.1% - Still a Buy?

Key Points

• Radisson Mining Resources Inc. shares increased by 1.1%, trading as high as C$0.48 and closing at C$0.47, with trading volume rising by 28% compared to its average.
• The company has a market capitalization of C$158.63 million, with a price-to-earnings ratio of -170.82 and a beta of 1.78.
• Radisson focuses on gold exploration in Canada, with its flagship project being the O'Brien gold project located in Quebec.

Shares of Radisson Mining Resources Inc. (CVE:RDS - ) shot up 1.1% during mid-day trading on Tuesday . The stock traded as high as C$0.48 and last traded at C$0.47. 284,135 shares were traded during mid-day trading, an increase of 28% from the average session volume of 221,977 shares. The stock had previously closed at C$0.46.

Radisson Mining Resources Price Performance

The firm has a market cap of C$158.63 million, a price-to-earnings ratio of -170.82 and a beta of 1.78. The firm's fifty day moving average is C$0.42 and its 200-day moving average is C$0.36.

About Radisson Mining Resources

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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