Radius Gold (CVE:RDU) Director Sells 195,000 Shares of Stock

Radius Gold Inc. (CVE:RDU) Director Bruce Alexander Smith sold 195,000 shares of the company’s stock in a transaction on Thursday, October 8th. The shares were sold at an average price of C$0.24, for a total transaction of C$46,800.00. Following the completion of the sale, the director directly owned 580,000 shares in the company, valued at C$139,200. This represents a 25.16% decrease in their ownership of the stock.

Bruce Alexander Smith also recently made the following trade(s):

• On Thursday, October 8th, Bruce Alexander Smith sold 55,000 shares of Radius Gold stock. The shares were sold at an average price of C$0.25, for a total transaction of C$13,750.00.

Radius Gold Price Performance

Shares of RDU traded down C$0.01 during mid-day trading on Friday, hitting C$0.21. The company’s stock had a trading volume of 340,106 shares, compared to its average volume of 123,436. The company has a debt-to-equity ratio of 6.58, a current ratio of 2.31 and a quick ratio of 10.20. The firm has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.14. Radius Gold Inc. has a fifty-two week low of C$0.12 and a fifty-two week high of C$0.26. The stock has a market capitalization of C$24.89 million, a price-to-earnings ratio of -21.50 and a beta of 0.28.

About Radius Gold

Radius Gold Inc engages in the acquisition and exploration of mineral properties. It explores for gold, silver, copper, zinc, and lead deposits. The company holds interests in the Maricela project covering an area of 155 hectares located in Sonora, Mexico; the Rambler project covering an area of 10,379-hectares located in Chihuahua, Mexico; and the Amalia project covering an area of 10,250 hectares located in Chihuahua, Mexico. It also holds interests in the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico; Tropico project located in Zacatecas, Mexico; and Holly and Banderas project located in Guatemala.