Rackla Metals (CVE:RAK) Trading 25% Higher – Here’s Why

Rackla Metals Inc. (CVE:RAKGet Free Report)’s stock price was up 25% on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 1,905,238 shares changed hands during mid-day trading, an increase of 244% from the average daily volume of 553,205 shares. The stock had previously closed at C$0.14.

Rackla Metals Stock Down 3.3%

The company has a debt-to-equity ratio of 0.33, a current ratio of 4.57 and a quick ratio of 6.93. The company has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.34. The company has a market cap of C$23.63 million, a PE ratio of -2.90 and a beta of 2.06.

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Featured Articles

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.