Rackla Metals Inc. (CVE:RAK – Get Free Report) shares traded up 27.3% on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. 2,542,153 shares were traded during mid-day trading, an increase of 407% from the average session volume of 501,204 shares. The stock had previously closed at C$0.11.
Rackla Metals Stock Up 27.3%
The stock has a market cap of C$22.81 million, a price-to-earnings ratio of -2.80 and a beta of 2.06. The firm’s fifty day moving average price is C$0.10 and its two-hundred day moving average price is C$0.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.57 and a quick ratio of 6.93.
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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
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