Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price shot up 8.7% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.13. 500,000 shares were traded during trading, an increase of 118% from the average session volume of 229,416 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Trading Up 8.7 %
The business has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.12. The stock has a market capitalization of C$36.54 million, a price-to-earnings ratio of -2.46 and a beta of 1.07. The company has a debt-to-equity ratio of 1.42, a current ratio of 6.06 and a quick ratio of 2.10.
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.
Featured Articles
- Five stocks we like better than Red Pine Exploration
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- Utilities Stocks Explained – How and Why to Invest in Utilities
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- Do ETFs Pay Dividends? What You Need to Know
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Receive News & Ratings for Red Pine Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Pine Exploration and related companies with MarketBeat.com's FREE daily email newsletter.
