Rackla Metals (CVE:RAK) Insider Sally Whittall Sells 40,000 Shares

Key Points

• Sally Whittall, an insider at Rackla Metals, sold 40,000 shares at an average price of C$0.75, resulting in a significant 79.39% decrease in her ownership of the stock.
• The company's shares traded up 1.4% on the latest market day, reaching C$0.71, with a market capitalization of C$111.30 million.
• Rackla Metals Inc. is a junior gold exploration company focused on acquiring and evaluating mineral properties in Canada, including its 100% interest in the Rivier property in the Yukon.

Rackla Metals Inc. (CVE:RAK - Get Free Report) insider Sally Whittall sold 40,000 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of C$0.75, for a total value of C$30,000.00. Following the transaction, the insider directly owned 10,384 shares in the company, valued at C$7,788. This trade represents a 79.39% decrease in their ownership of the stock.

Sally Whittall also recently made the following trade(s):

• On Wednesday, August 27th, Sally Whittall sold 10,000 shares of Rackla Metals stock. The stock was sold at an average price of C$0.76, for a total transaction of C$7,600.00.

Rackla Metals Trading Up 1.4%

Shares of CVE:RAK traded up C$0.01 on Friday, hitting C$0.71. The company had a trading volume of 312,101 shares, compared to its average volume of 584,776. Rackla Metals Inc. has a 1 year low of C$0.08 and a 1 year high of C$1.00. 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 firm's 50-day simple moving average is C$0.72 and its two-hundred day simple moving average is C$0.44. The firm has a market capitalization of C$111.30 million, a price-to-earnings ratio of -23.67 and a beta of -0.13.

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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