Rackla Metals Inc. (CVE:RAK - Get Free Report) Director Simon T.P. Ridgway purchased 50,000 shares of the company's stock in a transaction on Thursday, October 15th. The stock was purchased at an average price of C$0.23 per share, for a total transaction of C$11,500.00. Following the purchase, the director directly owned 12,416,045 shares of the company's stock, valued at C$2,855,690.35. This trade represents a 0.40% increase in their position.
Simon T.P. Ridgway also recently made the following trade(s):
- On Wednesday, October 14th, Simon T.P. Ridgway purchased 10,000 shares of Rackla Metals stock. The shares were acquired at an average cost of C$0.27 per share, for a total transaction of C$2,700.00.
Rackla Metals Stock Performance
Shares of RAK traded up C$0.01 during mid-day trading on Friday, reaching C$0.25. 861,160 shares of the company's stock traded hands, compared to its average volume of 384,748. The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.93 and a current ratio of 4.57. The business's 50-day moving average price is C$0.27 and its 200-day moving average price is C$0.19. The stock has a market capitalization of C$45.61 million, a P/E ratio of -6.25 and a beta of 1.63. Rackla Metals Inc. has a 12 month low of C$0.08 and a 12 month high of C$0.35.
About Rackla Metals
(
Get Free Report)
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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
