Red Pine Exploration (CVE:RPX) Trading Up 4% – Still a Buy?

Shares of Red Pine Exploration Inc. (CVE:RPXGet Free Report) were up 4% during mid-day trading on Thursday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 76,100 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 347,395 shares. The stock had previously closed at C$0.13.

Red Pine Exploration Trading Down 3.8 %

The business has a 50 day moving average of C$0.13 and a 200-day moving average of C$0.11. The stock has a market cap of C$36.54 million, a PE ratio of -3.13 and a beta of 1.07.

Red Pine Exploration Company Profile

(Get Free Report)

Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009.

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