Rackla Metals Inc. (CVE:RAK) Director Buys C$30,000.00 in Stock

Rackla Metals Inc. (CVE:RAK) Director Simon T.P. Ridgway purchased 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The stock was bought at an average cost of C$0.10 per share, with a total value of C$30,000.00.

Simon T.P. Ridgway also recently made the following trade(s):

• On Friday, December 13th, Simon T.P. Ridgway acquired 156,500 shares of Rackla Metals stock. The shares were purchased at an average cost of C$0.11 per share, for a total transaction of C$16,432.50.
• On Wednesday, December 11th, Simon T.P. Ridgway bought 8,500 shares of Rackla Metals stock. The stock was purchased at an average cost of C$0.11 per share, with a total value of C$892.50.
• On Wednesday, November 6th, Simon T.P. Ridgway purchased 89,000 shares of Rackla Metals stock. The shares were purchased at an average price of C$0.09 per share, for a total transaction of C$7,565.00.
• On Wednesday, October 23rd, Simon T.P. Ridgway acquired 100,000 shares of Rackla Metals stock. The stock was purchased at an average price of C$0.09 per share, with a total value of C$9,000.00.

Rackla Metals Stock Down 5.0 %

Rackla Metals stock traded down C$0.01 on Friday, hitting C$0.10. 200,000 shares of the stock traded hands, compared to its average volume of 209,346. The business’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.10. The firm has a market cap of C$9.26 million, a P/E ratio of -1.36 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. Rackla Metals Inc. has a 1 year low of C$0.05 and a 1 year high of C$0.23.

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.