Rackla Metals Inc. (CVE:RAK – Get Free Report) shares rose 25% during mid-day trading 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 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 Trading Up 25.0%
The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.93 and a current ratio of 4.57. The company’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.35. The firm has a market capitalization of C$28.52 million, a PE ratio of -3.50 and a beta of 2.06.
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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