Rackla Metals (CVE:RAK) Trading Up 27.3% – Time to Buy?

Rackla Metals Inc. (CVE:RAKGet Free Report)’s share price was up 27.3% during trading on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 2,542,153 shares were traded during trading, an increase of 407% from the average daily volume of 501,204 shares. The stock had previously closed at C$0.11.

Rackla Metals Trading Up 27.3%

The stock has a market capitalization of C$22.81 million, a PE ratio of -2.80 and a beta of 2.06. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.36.

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

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