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

Rackla Metals Inc. (CVE:RAK) insider Alejandro Emiliano Gubbins Cox acquired 300,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of C$0.17 per share, with a total value of C$51,000.00. Following the acquisition, the insider directly owned 33,300,000 shares of the company’s stock, valued at C$5,661,000. The trade was a 0.91% increase in their position.

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

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

Rackla Metals Stock Performance

Shares of CVE:RAK traded down C$0.01 during mid-day trading on Friday, reaching C$0.17. The company had a trading volume of 365,560 shares, compared to its average volume of 300,267. Rackla Metals Inc. has a one year low of C$0.08 and a one year high of C$1.00. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average price is C$0.14 and its 200-day moving average price is C$0.14. The firm has a market cap of C$28.30 million, a price-to-earnings ratio of -4.25 and a beta of 1.48.

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.