Shares of Rackla Metals Inc. (CVE:RAK – Get Free Report) traded up 8.1% during trading on Friday. The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 158,282 shares changed hands during trading, a decline of 57% from the average session volume of 369,152 shares. The stock had previously closed at C$0.18.
Rackla Metals Stock Up 5.4%
The firm has a market capitalization of C$35.58 million, a price-to-earnings ratio of -4.88 and a beta of 0.44. The stock has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.18. The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33.
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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