Rackla Metals Inc. (CVE:RAK – Get Free Report)’s share price was up 14.3% during trading on Thursday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 1,300,737 shares changed hands during mid-day trading, an increase of 344% from the average daily volume of 293,033 shares. The stock had previously closed at C$0.14.
Rackla Metals Price Performance
The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33. The firm has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.14. The stock has a market capitalization of C$29.96 million, a P/E ratio of -4.50 and a beta of 1.48.
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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
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