Red Pine Exploration Inc. (RPX.V) (CVE:RPX) Reaches New 1-Year High at $0.07

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Red Pine Exploration Inc. (RPX.V) (CVE:RPX) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 3691317 shares changing hands. The stock had previously closed at C$0.05.

The company has a debt-to-equity ratio of 111.78, a quick ratio of 1.12 and a current ratio of 1.19. The stock’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The firm has a market cap of C$31.02 million and a price-to-earnings ratio of -7.14.

About Red Pine Exploration Inc. (RPX.V) (CVE:RPX)

Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for gold, copper, zinc, lead, silver, and nickel deposits. Its flagship project is the Wawa Gold Project that consists of 34 unpatented and mining claims and 164 patented and leased mining claims covering an area of 5,582 contiguous hectares located to the east of the Town of Wawa in northern Ontario.

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