Rackla Metals Inc. (CVE:RAK – Get Free Report) was up 27.3% on Friday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 2,542,153 shares were traded during trading, an increase of 409% from the average daily volume of 499,566 shares. The stock had previously closed at C$0.11.
Rackla Metals Price Performance
The business has a fifty day moving average price of C$0.10 and a 200-day moving average price of C$0.35. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of C$22.81 million, a PE ratio of -2.80 and a beta of 2.06.
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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
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