Simon T.P. Ridgway Acquires 100,000 Shares of Rackla Metals (CVE:RAK) Stock

Rackla Metals Inc. (CVE:RAKGet Free Report) Director Simon T.P. Ridgway acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was acquired at an average cost of C$0.14 per share, with a total value of C$14,000.00. Following the acquisition, the director owned 12,186,045 shares of the company’s stock, valued at C$1,706,046.30. This trade represents a 0.83% increase in their ownership of the stock.

Simon T.P. Ridgway also recently made the following trade(s):

  • On Tuesday, May 19th, Simon T.P. Ridgway acquired 50,000 shares of Rackla Metals stock. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$7,500.00.
  • On Thursday, May 14th, Simon T.P. Ridgway acquired 8,000 shares of Rackla Metals stock. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$1,200.00.
  • On Friday, May 8th, Simon T.P. Ridgway acquired 42,000 shares of Rackla Metals stock. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$6,300.00.

Rackla Metals Stock Performance

Rackla Metals stock traded up C$0.01 during mid-day trading on Monday, reaching C$0.15. The company’s stock had a trading volume of 144,997 shares, compared to its average volume of 332,620. The firm has a market cap of C$24.97 million, a price-to-earnings ratio of -3.75 and a beta of 2.01. The business has a 50 day moving average price of C$0.15 and a 200-day moving average price of C$0.13. 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 Inc. has a twelve month low of C$0.08 and a twelve month high of C$1.00.

About Rackla Metals

(Get Free Report)

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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