Rackla Metals Inc. (CVE:RAK – Get Free Report) shares shot up 27.3% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. 2,542,153 shares traded hands during trading, an increase of 407% from the average session volume of 501,204 shares. The stock had previously closed at C$0.11.
Rackla Metals Stock Up 27.3%
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 fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.36. The company has a market cap of C$22.81 million, a PE ratio of -2.80 and a beta of 2.06.
About Rackla Metals
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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