Rackla Metals Inc. (CVE:RAK – Get Free Report)’s stock price traded up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 1,905,238 shares traded hands during mid-day trading, an increase of 244% from the average session volume of 553,205 shares. The stock had previously closed at C$0.14.
Rackla Metals Trading Up 25.0%
The firm has a market cap of C$28.52 million, a price-to-earnings ratio of -3.50 and a beta of 2.06. The business has a fifty day moving average of C$0.11 and a two-hundred day moving average of C$0.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.93 and a current ratio of 4.57.
Rackla Metals Company Profile
Rackla Metals Inc, a junior gold exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company holds a 100% interest in the Rivier property located in the Watson Lake Mining District, Yukon. It also holds interests in the Tombstone Gold Belt projects situated in Yukon and Northwest Territories. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
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