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

Rackla Metals Inc. (CVE:RAK) Director Simon T.P. Ridgway bought 156,500 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were acquired 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 acquired 8,500 shares of Rackla Metals stock. The stock was bought at an average price of C$0.11 per share, with a total value of C$892.50.
• On Wednesday, November 6th, Simon T.P. Ridgway purchased 89,000 shares of Rackla Metals stock. The shares were bought 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 acquired 100,000 shares of Rackla Metals stock. The shares were bought at an average price 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 shares were purchased at an average price of C$0.09 per share, for a total transaction of C$8,460.00.
• On Thursday, October 3rd, Simon T.P. Ridgway acquired 25,000 shares of Rackla Metals stock. The stock was purchased at an average cost of C$0.11 per share, with a total value of C$2,625.00.

Rackla Metals Stock Down 4.8 %

RAK opened at C$0.10 on Thursday. The stock has a market cap of C$9.75 million, a price-to-earnings ratio of -1.43 and a beta of 1.45. 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 firm’s fifty day moving average is C$0.11 and its 200 day moving average is C$0.11. Rackla Metals Inc. has a fifty-two week low of C$0.05 and a fifty-two week high of C$0.23.

About Rackla Metals

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.