Raging River Exploration (TSE:RRX) Shares Up 3.1% – Here’s What Happened

Raging River Exploration Inc (TSE:RRXGet Free Report)’s share price traded up 3.1% on Monday . The company traded as high as C$5.99 and last traded at C$5.99. 3,076,538 shares changed hands during trading, an increase of 86% from the average session volume of 1,657,126 shares. The stock had previously closed at C$5.81.

Raging River Exploration Price Performance

The company has a market cap of C$1.39 billion and a P/E ratio of 17.62. The business’s 50-day moving average is C$5.99. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 24.57.

Raging River Exploration Company Profile

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Raging River Exploration Inc engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company primarily holds interests in the properties located in the Viking light oil fairway at the greater Dodsland area in southwest Saskatchewan; and in the Esther area of southeastern Alberta.

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