Rackla Metals Inc. (CVE:RAK – Get Free Report)’s stock price fell 36.4% during mid-day trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.11. Approximately 3,583,666 shares changed hands during trading, an increase of 413% from the average session volume of 699,173 shares. The stock had previously closed at C$0.17.
Rackla Metals Stock Performance
The business has a 50-day simple moving average of C$0.31 and a 200 day simple moving average of C$0.45. 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 firm has a market cap of C$16.46 million, a PE ratio of -3.50 and a beta of 0.67.
About Rackla Metals
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.
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