Rackla Metals (CVE:RAK) Director Buys C$13,860.00 in Stock

Rackla Metals Inc. (CVE:RAK) Director Jeffery Reinson bought 66,000 shares of Rackla Metals stock in a transaction on Wednesday, October 28th. The stock was acquired at an average cost of C$0.21 per share, with a total value of C$13,860.00. Following the acquisition, the director owned 100,000 shares in the company, valued at approximately C$21,000. This represents a 194.12% increase in their position.

Jeffery Reinson also recently made the following trade(s):

• On Wednesday, October 28th, Jeffery Reinson purchased 3,500 shares of Rackla Metals stock. The shares were bought at an average cost of C$0.20 per share, for a total transaction of C$700.00.
• On Wednesday, October 28th, Jeffery Reinson bought 30,500 shares of Rackla Metals stock. The stock was purchased at an average cost of C$0.20 per share, for a total transaction of C$6,100.00.

Rackla Metals Stock Performance

Shares of Rackla Metals stock traded down C$0.01 during trading hours on Thursday, reaching C$0.18. 49,871 shares of the stock traded hands, compared to its average volume of 377,668. The company has a 50 day moving average price of C$0.27 and a 200 day moving average price of C$0.17. The firm has a market capitalization of C$33.75 million, a price-to-earnings ratio of -4.62 and a beta of 1.63. Rackla Metals Inc. has a one year low of C$0.08 and a one year high of C$0.35. The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33.

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.