Rackla Metals Inc. (CVE:RAK) Insider Sells C$520,000.00 in Stock

Rackla Metals Inc. (CVE:RAK) insider Alejandro Emiliano Gubbins Cox sold 2,000,000 shares of the company’s stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of C$0.26, for a total transaction of C$520,000.00.

Rackla Metals Trading Down 5.5%

Shares of Rackla Metals stock opened at C$0.26 on Thursday. The stock has a market cap of C$25.35 million, a price-to-earnings ratio of -3.71 and a beta of 1.45. The company has a fifty day simple moving average of C$0.22 and a 200-day simple moving average of C$0.15. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. Rackla Metals Inc. has a 12-month low of C$0.05 and a 12-month high of C$0.34.

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.