Red Pine Exploration (CVE:RPX) Shares Down 3.1% – Should You Sell?

Shares of Red Pine Exploration Inc. (CVE:RPXGet Free Report) traded down 3.1% during mid-day trading on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. 101,500 shares were traded during mid-day trading, a decline of 71% from the average session volume of 353,648 shares. The stock had previously closed at C$0.16.

Red Pine Exploration Trading Down 3.1 %

The firm has a market capitalization of C$45.31 million, a PE ratio of -3.88 and a beta of 1.07. The firm has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.11.

About Red Pine Exploration

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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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