Red Pine Exploration (CVE:RPX) Sets New 52-Week Low at $0.08

Red Pine Exploration Inc. (CVE:RPXGet Free Report)’s share price reached a new 52-week low on Friday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 2065861 shares traded. The stock had previously closed at C$0.09.

Red Pine Exploration Trading Down 16.7 %

The firm has a 50 day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.19. The company has a market capitalization of C$14.30 million, a PE ratio of -1.88 and a beta of 1.17.

About Red Pine Exploration

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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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