Rackla Metals Inc. (CVE:RAK – Get Free Report) insider Alejandro Emiliano Gubbins Cox acquired 500,000 shares of Rackla Metals stock in a transaction that occurred on Thursday, August 6th. The shares were purchased at an average cost of C$0.15 per share, with a total value of C$75,000.00. Following the completion of the acquisition, the insider owned 33,000,000 shares of the company’s stock, valued at C$4,950,000. The trade was a 1.54% increase in their position.
Rackla Metals Price Performance
RAK traded up C$0.04 during trading on Thursday, reaching C$0.18. 2,010,937 shares of the stock were exchanged, compared to its average volume of 298,900. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.57 and a quick ratio of 6.93. The company has a market capitalization of C$29.96 million, a price-to-earnings ratio of -4.50 and a beta of 1.48. Rackla Metals Inc. has a 1 year low of C$0.08 and a 1 year high of C$1.00. The business’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.14.
About Rackla Metals
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