Rackla Metals Inc. (CVE:RAK – Get Free Report) shares were up 8.1% during mid-day trading on Friday. The stock traded as high as C$0.20 and last traded at C$0.20. 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 Trading Up 5.4%
The stock has a market cap of C$35.58 million, a price-to-earnings ratio of -4.88 and a beta of 0.44. The business’s fifty day simple moving average is C$0.25 and its 200 day simple moving average is C$0.18. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.57 and a quick ratio of 6.93.
Rackla Metals Company Profile
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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