Rackla Metals Inc. (CVE:RAK – Get Free Report)’s share price dropped 39.4% during mid-day trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.10. Approximately 4,194,678 shares traded hands during 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 Price Performance
The firm’s 50-day moving average price is C$0.28 and its two-hundred day moving average price is C$0.44. The stock has a market cap of C$15.68 million, a PE ratio of -3.33 and a beta of 0.67. 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 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.
Further Reading
- Five stocks we like better than Rackla Metals
- What Are Dividend Achievers? An Introduction
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- What Are Dividend Challengers?
- SoFi Technologies: From Fintech Speculation to Profit Engine
- How to trade using analyst ratings
- Gold to $5,000? What Bank of America and UBS Have to Say
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.
