Rackla Metals Inc. (CVE:RAK) Director Acquires C$16,432.50 in Stock

Rackla Metals Inc. (CVE:RAK) Director Simon T.P. Ridgway acquired 156,500 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average price of C$0.11 per share, with a total value of C$16,432.50.

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

• 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, for a total transaction 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 cost of C$0.09 per share, with a total value of C$7,565.00.
• On Wednesday, October 23rd, Simon T.P. Ridgway purchased 100,000 shares of Rackla Metals stock. The stock was purchased at an average cost of C$0.09 per share, with a total value of C$9,000.00.
• On Wednesday, October 9th, Simon T.P. Ridgway bought 94,000 shares of Rackla Metals stock. The stock was acquired at an average price of C$0.09 per share, with a total value of C$8,460.00.
• On Thursday, October 3rd, Simon T.P. Ridgway bought 25,000 shares of Rackla Metals stock. The shares were acquired at an average cost of C$0.11 per share, for a total transaction of C$2,625.00.

Rackla Metals Stock Performance

Shares of Rackla Metals stock remained flat at C$0.11 during trading on Monday. The stock had a trading volume of 32,000 shares, compared to its average volume of 121,774. Rackla Metals Inc. has a twelve month low of C$0.05 and a twelve month high of C$0.23. The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.93 and a current ratio of 4.57. The company has a market cap of C$10.24 million, a price-to-earnings ratio of -1.50 and a beta of 1.45. The stock has a 50 day moving average price of C$0.11 and a two-hundred day moving average price of C$0.11.

Rackla Metals Company Profile

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.