Rackla Metals Inc. (CVE:RAK – Get Free Report)’s share price traded up 16.2% during mid-day trading on Wednesday. The stock traded as high as C$0.21 and last traded at C$0.21. 111,845 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 374,600 shares. The stock had previously closed at C$0.18.
Rackla Metals Stock Performance
The company has a market capitalization of C$41.96 million, a price-to-earnings ratio of -5.75 and a beta of 0.44. The stock has a 50-day simple moving average of C$0.26 and a 200-day simple moving average of C$0.18. 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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
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