Rackla Metals Inc. (CVE:RAK – Get Free Report) shot up 21.4% during mid-day trading on Monday . The company traded as high as C$0.17 and last traded at C$0.17. 1,261,743 shares traded hands during trading, an increase of 150% from the average session volume of 504,251 shares. The stock had previously closed at C$0.14.
Rackla Metals Trading Down 6.3%
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 company’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.35. The company has a market cap of C$24.44 million, a price-to-earnings ratio of -3.00 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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