Red Pine Exploration Inc. (CVE:RPX – Get Free Report) traded down 14.3% during trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12. 731,275 shares changed hands during mid-day trading, an increase of 206% from the average session volume of 239,148 shares. The stock had previously closed at C$0.14.
Red Pine Exploration Trading Down 14.3 %
The stock has a market capitalization of C$35.08 million, a PE ratio of -2.37 and a beta of 1.07. The company has a debt-to-equity ratio of 1.42, a current ratio of 6.06 and a quick ratio of 2.10. The company’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12.
Red Pine Exploration Company Profile
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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