Rackla Metals (CVE:RAK) Director William Katzin Acquires 100,000 Shares of Stock

Rackla Metals Inc. (CVE:RAK) Director William Katzin bought 100,000 shares of Rackla Metals stock in a transaction on Thursday, June 18th. The stock was purchased at an average price of C$0.16 per share, with a total value of C$16,000.00. Following the completion of the acquisition, the director directly owned 195,000 shares of the company’s stock, valued at C$31,200. This represents a 105.26% increase in their position.

Rackla Metals Stock Performance

RAK stock opened at C$0.14 on Friday. Rackla Metals Inc. has a one year low of C$0.08 and a one year high of C$1.00. The firm has a market cap of C$23.30 million, a price-to-earnings ratio of -3.50 and a beta of 1.79. 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 firm has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.13.

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.