Alejandro Emiliano Gubbins Cox Buys 500,000 Shares of Rackla Metals (CVE:RAK) Stock

Rackla Metals Inc. (CVE:RAK) insider Alejandro Emiliano Gubbins Cox purchased 500,000 shares of Rackla Metals stock in a transaction dated Thursday, August 6th. The shares were purchased at an average cost of C$0.15 per share, for a total transaction of C$75,000.00. Following the transaction, the insider owned 33,000,000 shares in the company, valued at approximately C$4,950,000. This trade represents a 1.54% increase in their position.

Alejandro Emiliano Gubbins Cox also recently made the following trade(s):

• On Friday, August 7th, Alejandro Emiliano Gubbins Cox acquired 300,000 shares of Rackla Metals stock. The stock was acquired at an average price of C$0.17 per share, for a total transaction of C$51,000.00.

Rackla Metals Stock Performance

Shares of Rackla Metals stock opened at C$0.18 on Friday. The firm has a market capitalization of C$29.96 million, a price-to-earnings ratio of -4.50 and a beta of 1.48. Rackla Metals Inc. has a fifty-two week low of C$0.08 and a fifty-two week high of C$1.00. 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 50 day moving average of C$0.14 and a 200 day moving average of C$0.14.

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.