Red Pine Exploration Inc. (CVE:RPX – Get Free Report) was down 17.4% on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 3,228,522 shares traded hands during trading, an increase of 1,148% from the average daily volume of 258,610 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Trading Down 17.4%
The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.10 and a current ratio of 6.06. The stock has a market capitalization of C$27.77 million, a PE ratio of -1.87 and a beta of 1.07. The business’s 50-day moving average is C$0.12 and its two-hundred day moving average is C$0.12.
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.
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