Rackla Metals Inc. (CVE:RAK – Get Free Report)’s stock price was down 25% during trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 2,652,712 shares changed hands during trading, an increase of 274% from the average daily volume of 708,472 shares. The stock had previously closed at C$0.12.
Rackla Metals Stock Down 25.0%
The company’s 50 day moving average price is C$0.19 and its two-hundred day moving average price is C$0.43. The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33. The stock has a market cap of C$14.67 million, a P/E ratio of -1.80 and a beta of 0.46.
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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