Rackla Metals Inc. (CVE:RAK - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as C$0.63 and last traded at C$0.60, with a volume of 917594 shares changing hands. The stock had previously closed at C$0.57.
Rackla Metals Stock Down 6.9%
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 business's fifty day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.22. The company has a market cap of C$52.66 million, a PE ratio of -7.71 and a beta of 1.45.
Insiders Place Their Bets
In other news, insider Alejandro Emiliano Gubbins Cox acquired 2,200,000 shares of the business's stock in a transaction on Friday, May 23rd. The stock was bought at an average price of C$0.31 per share, with a total value of C$682,000.00. Insiders have acquired a total of 3,725,667 shares of company stock valued at $1,124,443 over the last three months. 13.48% of the stock is currently owned by insiders.
Rackla Metals Company Profile
(
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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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