Rackla Metals (CVE:RAK) Trading Down 10% – Should You Sell?

Shares of Rackla Metals Inc. (CVE:RAKGet Free Report) fell 10% during mid-day trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09. 2,088,802 shares traded hands during trading, an increase of 196% from the average session volume of 705,020 shares. The stock had previously closed at C$0.10.

Rackla Metals Stock Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.93 and a current ratio of 4.57. The stock has a market capitalization of C$13.85 million, a P/E ratio of -1.70 and a beta of 0.46. The business has a 50-day moving average price of C$0.16 and a 200 day moving average price of C$0.43.

Rackla Metals Company Profile

(Get Free Report)

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.

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