William Katzin Acquires 100,000 Shares of Rackla Metals (CVE:RAK) Stock

Rackla Metals Inc. (CVE:RAK) Director William Katzin bought 100,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was bought at an average cost of C$0.16 per share, for a total transaction of C$16,000.00. Following the purchase, the director directly owned 195,000 shares of the company’s stock, valued at approximately C$31,200. This trade represents a 105.26% increase in their position.

Rackla Metals Price Performance

Shares of RAK opened at C$0.14 on Friday. The stock has a market cap of C$23.30 million, a P/E ratio of -3.50 and a beta of 1.79. Rackla Metals Inc. has a 1 year low of C$0.08 and a 1 year high of C$1.00. The stock’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.13. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33.

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.