Rackla Metals (CVE:RAK) Hits New 52-Week High – Still a Buy?

Rackla Metals Inc. (CVE:RAKGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25, with a volume of 173000 shares changing hands. The stock had previously closed at C$0.24.

Rackla Metals Stock Performance

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$0.18 and a 200 day moving average of C$0.13. The stock has a market capitalization of C$25.35 million, a P/E ratio of -3.71 and a beta of 1.45.

About Rackla Metals

(Get Free Report)

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.

Further Reading

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