Rackla Metals Inc. (CVE:RAK – Get Free Report)’s share price traded up 25% during trading on Tuesday . The company traded as high as C$0.18 and last traded at C$0.18. 1,905,238 shares traded hands during mid-day trading, an increase of 244% from the average session volume of 553,205 shares. The stock had previously closed at C$0.14.
Rackla Metals Trading Up 25.0%
The stock has a market cap of C$28.52 million, a P/E ratio of -3.50 and a beta of 2.06. 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’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.35.
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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