Rackla Metals Inc. (CVE:RAK – Get Free Report)’s stock price dropped 8.6% on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 479,572 shares traded hands during trading, a decline of 11% from the average daily volume of 540,376 shares. The stock had previously closed at C$0.18.
Rackla Metals Stock Down 8.6%
The stock has a market capitalization of C$26.07 million, a P/E ratio of -3.20 and a beta of 2.06. The stock’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.57 and a quick ratio of 6.93.
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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