Radisson Mining Resources (CVE:RDS) Stock Price Down 3.7% – Should You Sell?

Radisson Mining Resources Inc. (CVE:RDS)’s share price dropped 3.7% during mid-day trading on Friday . The stock traded as low as C$0.79 and last traded at C$0.79. Approximately 777,650 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 952,318 shares. The stock had previously closed at C$0.82.

Radisson Mining Resources Trading Down 3.8%

The business’s fifty day moving average price is C$0.83 and its 200 day moving average price is C$0.66. The company has a market capitalization of C$322.02 million, a P/E ratio of -152.00 and a beta of 1.40.

Radisson Mining Resources Company Profile

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.