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Radius Gold ( (TSE:RDU) ) has provided an announcement.
Radius Gold Inc. has appointed Alejandro Ly as Vice President of Exploration, leveraging his extensive experience in precious and base-metal systems to advance the company’s exploration portfolio. Mr. Ly will focus on the Tierra Roja copper project and utilize his connections in Peru, Mexico, and the U.S. to expand the project pipeline. Despite delays in obtaining a final administrative access waiver, Radius is prepared to commence drilling at Tierra Roja, having completed all necessary preparations and secured required permits, except for the final authorization.
Spark’s Take on TSE:RDU Stock
According to Spark, TipRanks’ AI Analyst, TSE:RDU is a Neutral.
Radius Gold’s overall stock score is mainly driven by its challenging financial situation with no revenue and persistent negative cash flows, reflecting high operational risk. Technical analysis shows some positive momentum, but the valuation remains a concern due to negative earnings, leading to an overall cautious view.
To see Spark’s full report on TSE:RDU stock, click here.
More about Radius Gold
Radius Gold Inc. is a company operating in the mining industry, focusing on the exploration and development of precious and base metal projects. It holds a portfolio of projects in Mexico, Guatemala, and Peru, and seeks additional investment and acquisition opportunities globally.
Average Trading Volume: 154,494
Technical Sentiment Signal: Hold
Current Market Cap: C$14.53M
Find detailed analytics on RDU stock on TipRanks’ Stock Analysis page.