Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s share price traded down 17.4% on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 751,874 shares were traded during mid-day trading, an increase of 233% from the average session volume of 226,116 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Stock Performance
The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.10 and a current ratio of 6.06. The firm has a market capitalization of C$27.77 million, a PE ratio of -1.87 and a beta of 1.07. The firm’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.12.
About Red Pine Exploration
Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009.
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