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

Key Points

• Alejandro Emiliano Gubbins Cox purchased 300,000 shares of Rackla Metals stock at an average price of C$0.71 per share, totaling C$213,000.
• Following recent transactions, Gubbins Cox now owns 30,900,000 shares of Rackla Metals, representing a 0.98% increase in his holdings.
• Rackla Metals has a market capitalization of C$156.76 million and its shares recently opened at C$1.00, having reached a 12-month high of C$1.00 and a low of C$0.08.

Rackla Metals Inc. (CVE:RAK - Get Free Report) insider Alejandro Emiliano Gubbins Cox bought 300,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was purchased at an average price of C$0.71 per share, with a total value of C$213,000.00. Following the completion of the transaction, the insider directly owned 30,900,000 shares in the company, valued at approximately C$21,939,000. This represents a 0.98% increase in their position.

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

• On Wednesday, August 27th, Alejandro Emiliano Gubbins Cox bought 200,000 shares of Rackla Metals stock. The stock was purchased at an average price of C$0.76 per share, with a total value of C$152,000.00.
• On Tuesday, August 5th, Alejandro Emiliano Gubbins Cox bought 500,000 shares of Rackla Metals stock. The stock was purchased at an average price of C$0.64 per share, with a total value of C$320,000.00.
• On Monday, June 16th, Alejandro Emiliano Gubbins Cox bought 125,667 shares of Rackla Metals stock. The stock was purchased at an average price of C$0.29 per share, with a total value of C$36,443.43.

Rackla Metals Price Performance

Shares of CVE:RAK opened at C$1.00 on Friday. The firm has a 50 day moving average of C$0.66 and a 200-day moving average of C$0.40. The stock has a market capitalization of C$156.76 million, a PE ratio of -33.33 and a beta of -0.13. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. Rackla Metals Inc. has a 12 month low of C$0.08 and a 12 month high of C$1.00.

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.

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