Shares of Red Pine Exploration Inc. (CVE:RPX – Get Free Report) rose 4% during trading on Thursday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 76,100 shares were traded during trading, a decline of 78% from the average daily volume of 347,395 shares. The stock had previously closed at C$0.13.
Red Pine Exploration Stock Performance
The firm has a market capitalization of C$36.54 million, a price-to-earnings ratio of -3.13 and a beta of 1.07. The business has a fifty day moving average price of C$0.13 and a 200 day moving average price of C$0.11.
About Red Pine Exploration
Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009.
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