Rackla Metals Inc. (CVE:RAK – Get Free Report) shares dropped 39.4% on Friday . The company traded as low as C$0.09 and last traded at C$0.10. Approximately 4,194,678 shares changed hands during mid-day trading, an increase of 498% from the average daily volume of 701,877 shares. The stock had previously closed at C$0.17.
Rackla Metals Trading Down 39.4%
The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of C$15.68 million, a P/E ratio of -3.33 and a beta of 0.67. The firm’s 50-day simple moving average is C$0.30 and its 200-day simple moving average is C$0.44.
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.
Featured Articles
- Five stocks we like better than Rackla Metals
- Why Invest in High-Yield Dividend Stocks?
- How Semtech’s Data Center Chips Are Powering the AI Boom
- How to Calculate Inflation Rate
- Keysight Technologies’ Surge: The Market Wakes Up to This AI Play
- 3 Tickers Leading a Meme Stock Revival
- Is American Express the Credit Stock For a K-Shaped Economy?
Receive News & Ratings for Rackla Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rackla Metals and related companies with MarketBeat.com's FREE daily email newsletter.
