Radisson Mining Resources (CVE:RDS) Shares Down 7.7%

Radisson Mining Resources Inc. (CVE:RDS)’s share price was down 7.7% during mid-day trading on Friday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 130,029 shares were traded during trading, a decline of 45% from the average daily volume of 235,936 shares. The stock had previously closed at C$0.33.

Radisson Mining Resources Stock Performance

The firm has a market capitalization of C$96.37 million, a PE ratio of -18.50 and a beta of 1.71. The company’s 50-day moving average price is C$0.20 and its 200-day moving average price is C$0.18.

Insider Transactions at Radisson Mining Resources

In related news, Senior Officer Matthew Lamont Manson purchased 2,000,000 shares of Radisson Mining Resources stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average cost of C$0.16 per share, with a total value of C$320,000.00. In related news, Senior Officer Matthew Lamont Manson purchased 2,000,000 shares of Radisson Mining Resources stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average cost of C$0.16 per share, with a total value of C$320,000.00. Also, Director Peter Macphail purchased 500,000 shares of Radisson Mining Resources stock in a transaction that occurred on Monday, August 26th. The stock was bought at an average cost of C$0.16 per share, with a total value of C$80,000.00. Corporate insiders own 10.08% of the company’s stock.

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.