Rackla Metals Inc. (CVE:RAK – Get Free Report) shot up 25% during trading on Monday . The company traded as high as C$0.18 and last traded at C$0.18. 1,905,238 shares were traded during mid-day trading, an increase of 244% from the average session volume of 553,205 shares. The stock had previously closed at C$0.14.
Rackla Metals Trading Up 25.0%
The stock’s 50-day moving average price is C$0.11 and its 200 day moving average price 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. 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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