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

Shares of Radisson Mining Resources Inc. (CVE:RDSGet Free Report) 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

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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.

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