Raging River Exploration Inc (TSE:RRX) shares rose 3.1% during trading on Monday . The company traded as high as C$5.99 and last traded at C$5.99. Approximately 3,076,538 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 1,657,126 shares. The stock had previously closed at C$5.81.
The firm has a 50 day simple moving average of C$5.99. The stock has a market capitalization of C$1.39 billion and a P/E ratio of 17.62. The company has a debt-to-equity ratio of 24.57, a quick ratio of 0.38 and a current ratio of 0.47.
Raging River Exploration Company Profile (TSE:RRX)
Raging River Exploration Inc engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company primarily holds interests in the properties located in the Viking light oil fairway at the greater Dodsland area in southwest Saskatchewan; and in the Esther area of southeastern Alberta.
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