Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s share price traded down 6.7% on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 1,181,079 shares traded hands during trading, an increase of 69% from the average session volume of 698,332 shares. The stock had previously closed at C$0.15.
Red Pine Exploration Stock Performance
The company has a debt-to-equity ratio of 13.50, a quick ratio of 2.10 and a current ratio of 2.34. The firm has a market cap of C$62.44 million, a P/E ratio of -7.00 and a beta of 0.25. The business’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.18.
About Red Pine Exploration
Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009. Red Pine Exploration Inc was incorporated in 1936 and is headquartered in Toronto, Canada.
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