Rackla Metals (CVE:RAK) Shares Up 27.3% – Still a Buy?

Rackla Metals Inc. (CVE:RAKGet Free Report)’s stock price was up 27.3% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 2,542,153 shares were traded during trading, an increase of 407% from the average daily volume of 501,204 shares. The stock had previously closed at C$0.11.

Rackla Metals Stock Performance

The firm has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.36. 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 stock has a market capitalization of C$22.81 million, a price-to-earnings ratio of -2.80 and a beta of 2.06.

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Featured Articles

Receive News & Ratings for Rackla Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rackla Metals and related companies with MarketBeat.com's FREE daily email newsletter.