Last C$0.09 CAD
Change Today 0.00 / 0.00%
Volume 0.0
RDU On Other Exchanges
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Venture
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As of 3:13 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

radius gold inc (RDU) Snapshot

Open
C$0.09
Previous Close
C$0.09
Day High
C$0.09
Day Low
C$0.09
52 Week High
02/24/14 - C$0.16
52 Week Low
11/14/14 - C$0.08
Market Cap
7.4M
Average Volume 10 Days
44.0K
EPS TTM
C$-0.02
Shares Outstanding
86.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for RADIUS GOLD INC (RDU)

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radius gold inc (RDU) Details

Radius Gold Inc., a natural resource property exploration company, acquires and explores mineral properties located primarily in Central America. It primarily explores for gold and silver. The company holds a 100% interest in approximately 34 concessions covering an area of approximately 230,489 hectares in southeastern Guatemala; and a 100% interest in the Tlacolula property, which includes 1 granted exploration concession covering an area of 12,642 hectares in Mexico. It also holds interests in properties located in Nicaragua. The company has strategic alliance agreement with Medgold Resources Corp. Radius Gold Inc. is headquartered in Vancouver, Canada.

radius gold inc (RDU) Top Compensated Officers

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radius gold inc (RDU) Key Developments

Radius Gold Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Radius Gold Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported loss before other income of CAD 362,796 compared to CAD 599,111 a year ago. Net loss was CAD 355,242 compared to CAD 659,051 a year ago. Basic and diluted loss per share was CAD 0.00 compared to CAD 0.01 a year ago. Net cash used in operating activities was CAD 327,866 compared to CAD 530,255 a year ago. Expenditures on exploration and evaluation asset acquisition costs was CAD 62,151. Purchase of property and equipment was CAD 2,749. For the six months, the company reported loss before other income of CAD 669,277 compared to CAD 1,204,859 a year ago. Net loss was CAD 636,052 compared to CAD 1,176,370 a year ago. Basic and diluted loss per share was CAD 0.01 compared to CAD 0.01 a year ago. Net cash used in operating activities was CAD 555,701 compared to CAD 949,739 a year ago. Expenditures on exploration and evaluation asset acquisition costs was CAD 62,151 against CAD 171,815 a year ago. Purchase of property and equipment was CAD 2,749.

Radius Gold Inc. Commences Drilling at Blue Hill Gold Project, Idaho

Radius Gold Inc. announced that it has commenced a diamond drill operation on the Blue Hill Gold Project in southeast Idaho. Radius holds an option to earn a 70% interest in the Property from Otis Gold Corp., for cash payments of USD 525,000 and incurring exploration expenditures on the Property totalling USD 5,000,000 over a period of four years. This first phase drill program is expected to be completed within 30 to 50 days. The Property hosts an epithermal hot-spring gold system in Cenozoic-aged volcanic and volcanosedimentary rocks, with surface and near-surface sinters assaying up to 2 ppm Au. The Cenozoic rocks overlie deeper Paleozoic quartzite and limestone and are interpreted as being structurally emplaced on the basement rocks.

Radius Gold Inc. Signs an Agreement for the Right to Acquire 70% Interest in the Blue Hill Gold Project from Otis Gold Corp

Radius Gold Inc. announced that it has signed an agreement for the right to acquire a 70% interest in the Blue Hill Gold Project from Otis Gold Corp. The Property hosts an epithermal hot-spring gold exploration target, is drill-ready, road-accessible, and is located in southeast Idaho, 24 km south of the town of Oakley and 4 km north of the Utah border. The property package consists of 36 federal lode mining claims located on federal land (comprising 295 hectares), and one Idaho State lease (comprising 33 hectares). The company has been granted the option to acquire a 70% interest in the Property (subject to a 2.5% NSR royalty on a portion of the Property). The option may be exercised by making cash payments to Otis totaling USD 525,000 and incurring exploration expenditures on the Property totaling USD 5,000,000, over a period of four years.

 

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