Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price dropped 17.4% during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 526,175 shares were traded during trading, an increase of 139% from the average daily volume of 220,272 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Trading Up 5.3 %
The company has a market capitalization of C$29.23 million, a P/E ratio of -1.97 and a beta of 1.07. The stock has a 50 day moving average of C$0.12 and a 200-day moving average of C$0.12. The company has a current ratio of 6.06, a quick ratio of 2.10 and a debt-to-equity ratio of 1.42.
About Red Pine Exploration
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.
Further Reading
- Five stocks we like better than Red Pine Exploration
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Why Energy Transfer Belongs on Your Watchlist
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Why Wayfair Stock May Be a Hidden Gem for Value Investors
- What is the Australian Securities Exchange (ASX)
- 3 Investments to Consider as China’s Market Heats Up
Receive News & Ratings for Red Pine Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Pine Exploration and related companies with MarketBeat.com's FREE daily email newsletter.
