Radisson Mining Resources (CVE:RDS) Shares Up 8.5% – Time to Buy?

Radisson Mining Resources Inc. (CVE:RDS) shares were up 8.5% during mid-day trading on Monday . The company traded as high as C$0.65 and last traded at C$0.64. Approximately 1,346,498 shares traded hands during trading, an increase of 65% from the average daily volume of 817,860 shares. The stock had previously closed at C$0.59.

Radisson Mining Resources Price Performance

The company’s fifty day moving average price is C$0.74 and its 200 day moving average price is C$0.74. The company has a market cap of C$292.36 million, a PE ratio of -138.00 and a beta of 1.19.

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