Red Pine Exploration Inc. (CVE:RPX – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 48333 shares. The stock had previously closed at C$0.08.
Red Pine Exploration Price Performance
The business’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.15. The firm has a market capitalization of C$14.30 million, a price-to-earnings ratio of -1.88 and a beta of 1.19.
About Red Pine Exploration
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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