Rackla Metals Inc. (RAK.V) (CVE:RAK) Stock Price Down 36%

Rackla Metals Inc. (RAK.V) (CVE:RAK)’s stock price traded down 36% during mid-day trading on Tuesday . The company traded as low as C$0.32 and last traded at C$0.32. 139,720 shares changed hands during mid-day trading, an increase of 397% from the average session volume of 28,112 shares. The stock had previously closed at C$0.50.

The company has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.17. The company has a market capitalization of C$10.68 million and a P/E ratio of -36.67.

About Rackla Metals Inc. (RAK.V) (CVE:RAK)

Rackla Metals Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold, precious, and base metals properties. It holds a 100% interest in the Rivier property, which includes 116 claims covering an area of 2,404 hectares located in the Watson Lake Mining District.

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