Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price was down 4.2% during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 64,000 shares changed hands during trading, a decline of 74% from the average daily volume of 248,457 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Trading Down 4.2 %
The company has a market cap of C$33.61 million, a P/E ratio of -2.27 and a beta of 1.07. The firm’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.12. The company has a quick ratio of 2.10, a current ratio of 6.06 and a debt-to-equity ratio of 1.42.
Red Pine Exploration Company Profile
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.
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