Radisson Mining Resources (CVE:RDS) Stock Price Up 5.1% – Still a Buy?

Radisson Mining Resources Inc. (CVE:RDSGet Free Report)’s share price shot up 5.1% during mid-day trading on Monday . The company traded as high as C$0.84 and last traded at C$0.83. 1,222,938 shares changed hands during mid-day trading, an increase of 37% from the average session volume of 892,310 shares. The stock had previously closed at C$0.79.

Radisson Mining Resources Trading Down 1.9%

The stock’s fifty day moving average price is C$0.80 and its two-hundred day moving average price is C$0.73. The firm has a market capitalization of C$328.38 million, a price-to-earnings ratio of -155.00 and a beta of 1.01.

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. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.

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