Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s share price rose 7.7% on Tuesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 267,500 shares were traded during trading, an increase of 100% from the average daily volume of 133,914 shares. The stock had previously closed at C$0.20.
Red Pine Exploration Trading Up 7.7 %
The stock’s fifty day moving average price is C$0.19 and its 200 day moving average price is C$0.19. The stock has a market cap of C$40.05 million, a P/E ratio of -5.25 and a beta of 1.17.
About Red Pine Exploration
Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009.
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