Rackla Metals Inc. (CVE:RAK – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$0.35 and last traded at C$0.35, with a volume of 270869 shares trading hands. The stock had previously closed at C$0.32.
Rackla Metals Stock Performance
The company’s fifty day moving average is C$0.23 and its 200 day moving average is C$0.16. The company has a market capitalization of C$33.64 million, a P/E ratio of -4.93 and a beta of 1.45. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33.
Insider Buying and Selling
In other Rackla Metals news, insider Alejandro Emiliano Gubbins Cox sold 2,000,000 shares of the company’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of C$0.26, for a total value of C$520,000.00. Insiders have acquired a total of 44,500 shares of company stock worth $6,380 in the last 90 days. 13.48% of the stock is owned by company insiders.
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.
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