Rackla Metals Inc. (CVE:RAK – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23, with a volume of 865031 shares. The stock had previously closed at C$0.21.
Rackla Metals Trading Up 4.8 %
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 business’s fifty day moving average is C$0.14 and its 200-day moving average is C$0.12. The stock has a market capitalization of C$21.45 million, a PE ratio of -3.14 and a beta of 1.45.
Insider Activity
In other news, Director Simon T.P. Ridgway acquired 300,000 shares of Rackla Metals stock in a transaction dated Wednesday, January 8th. The shares were acquired at an average cost of C$0.10 per share, with a total value of C$30,000.00. Insiders purchased 744,500 shares of company stock valued at $70,880 in the last ninety days. Company insiders own 13.48% of the company’s stock.
Rackla Metals Company Profile
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.
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