Rackla Metals Inc. (CVE:RAK – Get Free Report)’s share price rose 25% during trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 1,905,238 shares traded hands during mid-day trading, an increase of 244% from the average daily volume of 553,205 shares. The stock had previously closed at C$0.14.
Rackla Metals Stock Performance
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 business has a 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.35. The stock has a market capitalization of C$28.52 million, a PE ratio of -3.50 and a beta of 2.06.
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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