Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price traded up 11.1% during trading on Monday. The stock traded as high as C$0.15 and last traded at C$0.15. 592,210 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 649,318 shares. The stock had previously closed at C$0.14.
Red Pine Exploration Price Performance
The firm has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.18. The company has a quick ratio of 2.10, a current ratio of 8.07 and a debt-to-equity ratio of 2.14. The company has a market cap of C$67.19 million, a PE ratio of -7.50 and a beta of 0.28.
Red Pine Exploration Company Profile
Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009. Red Pine Exploration Inc was incorporated in 1936 and is headquartered in Toronto, Canada.
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