Rackla Metals (CVE:RAK) Trading Up 17.9% – What’s Next?

Rackla Metals Inc. (CVE:RAKGet Free Report) shares traded up 17.9% on Monday . The company traded as high as C$0.17 and last traded at C$0.17. 887,920 shares were traded during trading, an increase of 81% from the average session volume of 490,363 shares. The stock had previously closed at C$0.14.

Rackla Metals Stock Up 25.0%

The stock has a market cap of C$28.52 million, a PE ratio of -3.50 and a beta of 2.06. The business has a fifty day moving average of C$0.10 and a 200-day moving average of 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

(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.

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