Rackla Metals (CVE:RAK) Stock Price Down 15% – Time to Sell?

Rackla Metals Inc. (CVE:RAKGet Free Report) shares were down 15% during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 4,328,384 shares changed hands during mid-day trading, an increase of 502% from the average daily volume of 719,561 shares. The stock had previously closed at C$0.10.

Rackla Metals Trading Down 10.0%

The firm has a market cap of C$14.67 million, a P/E ratio of -1.80 and a beta of 0.46. The firm has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.43. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.57 and a quick ratio of 6.93.

Rackla Metals Company Profile

(Get Free Report)

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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