Rackla Metals (CVE:RAK) Shares Down 36.4% – Should You Sell?

Rackla Metals Inc. (CVE:RAKGet Free Report)’s stock price was down 36.4% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.11. Approximately 3,969,966 shares traded hands during trading, an increase of 466% from the average daily volume of 700,835 shares. The stock had previously closed at C$0.17.

Rackla Metals Stock Performance

The stock has a market cap of C$15.68 million, a PE ratio of -3.33 and a beta of 0.67. The company has a 50 day moving average of C$0.28 and a two-hundred day moving average of C$0.44. The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.93 and a current ratio of 4.57.

About Rackla Metals

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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.

Further Reading

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