Shares of Rackla Metals Inc. (CVE:RAK – Get Free Report) dropped 25% on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 2,652,712 shares were traded 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 firm has a 50-day moving average of C$0.19 and a two-hundred day moving average of C$0.43. The stock has a market capitalization of C$14.67 million, a price-to-earnings ratio of -1.80 and a beta of 0.46. The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33.
Rackla Metals Company Profile
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.
Featured Stories
- Five stocks we like better than Rackla Metals
- What Makes a Stock a Good Dividend Stock?
- Market Momentum: 3 Stocks Poised for Major Breakouts
- Using the MarketBeat Dividend Yield Calculator
- 3 Reasons Casey’s General Stores Will Continue Trending Higher
- Financial Services Stocks Investing
- Golden Cross Alert: 3 Stocks With Major Upside Potential
Receive News & Ratings for Rackla Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rackla Metals and related companies with MarketBeat.com's FREE daily email newsletter.
