Rackla Metals (CVE:RAK) Hits New 52-Week High – Still a Buy?

Posted by Scott Moore on Mar 30th, 2025

Rackla Metals Inc. (CVE:RAK – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 865031 shares changing hands. The stock had previously closed at C$0.21.

Rackla Metals Stock Performance

The company has a current ratio of 4.57, a quick ratio of 6.93 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of C$21.45 million, a PE ratio of -3.14 and a beta of 1.45. The firm’s fifty day moving average price is C$0.14 and its 200 day moving average price is C$0.12.

Insider Buying and Selling at Rackla Metals

In other Rackla Metals news, Director Simon T.P. Ridgway acquired 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The shares were purchased at an average price of C$0.10 per share, with a total value of C$30,000.00. Insiders have bought 744,500 shares of company stock worth $70,880 over the last 90 days. 13.48% of the stock is currently owned by corporate insiders.

Rackla Metals Company Profile

(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.