Rackla Metals (CVE:RAK) Trading Down 25% – What’s Next?

Rackla Metals Inc. (CVE:RAKGet Free Report)’s stock price traded down 25% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 2,652,712 shares traded hands during trading, an increase of 274% from the average session volume of 708,472 shares. The stock had previously closed at C$0.12.

Rackla Metals Trading Up 11.1%

The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33. The company has a market capitalization of C$16.30 million, a PE ratio of -2.00 and a beta of 0.46. The stock’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.43.

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.

Further Reading

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