Rackla Metals Inc. (CVE:RAK – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25, with a volume of 173000 shares changing hands. The stock had previously closed at C$0.24.
Rackla Metals Stock Up 4.2 %
The firm’s fifty day moving average price is C$0.17 and its 200-day moving average price is C$0.13. The company has a market cap of C$24.38 million, a price-to-earnings ratio of -3.57 and a beta of 1.45. The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33.
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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