Rackla Metals Inc. (CVE:RAK – Get Free Report)’s stock price dropped 25% during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 2,652,712 shares changed hands during trading, an increase of 274% from the average daily volume of 708,472 shares. The stock had previously closed at C$0.12.
Rackla Metals Trading Down 25.0%
The stock has a market capitalization of C$14.67 million, a P/E ratio of -1.80 and a beta of 0.46. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. The business has a 50-day moving average price of C$0.20 and a two-hundred day moving average price of C$0.44.
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.
See Also
- Five stocks we like better than Rackla Metals
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Market Momentum: 3 Stocks Poised for Major Breakouts
- 3 Fintech Stocks With Good 2021 Prospects
- 3 Reasons Casey’s General Stores Will Continue Trending Higher
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Golden Cross Alert: 3 Stocks With Major Upside Potential
Receive News & Ratings for Rackla Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rackla Metals and related companies with MarketBeat.com's FREE daily email newsletter.
