Rackla Metals (CVE:RAK) Insider Alejandro Emiliano Gubbins Cox Purchases 300,000 Shares of Stock

Rackla Metals Inc. (CVE:RAK) insider Alejandro Emiliano Gubbins Cox purchased 300,000 shares of the stock in a transaction on Friday, August 7th. The stock was bought at an average cost of C$0.17 per share, for a total transaction of C$51,000.00. Following the completion of the acquisition, the insider owned 33,300,000 shares in the company, valued at approximately C$5,661,000. This trade represents a 0.91% increase in their ownership of the stock.

Alejandro Emiliano Gubbins Cox also recently made the following trade(s):

• On Thursday, August 6th, Alejandro Emiliano Gubbins Cox acquired 500,000 shares of Rackla Metals stock. The shares were bought at an average price of C$0.15 per share, with a total value of C$75,000.00.

Rackla Metals Stock Performance

Shares of CVE:RAK opened at C$0.18 on Friday. Rackla Metals Inc. has a 12-month low of C$0.08 and a 12-month high of C$1.00. The stock has a market cap of C$29.96 million, a PE ratio of -4.50 and a beta of 1.48. The business has a 50 day moving average of C$0.14 and a 200-day moving average of C$0.14. 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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.