Red Pine Exploration Inc. (CVE:RPX – Get Free Report) fell 5.3% during trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09. 159,395 shares were traded during mid-day trading, a decline of 30% from the average session volume of 228,297 shares. The stock had previously closed at C$0.10.
Red Pine Exploration Price Performance
The stock has a market capitalization of C$27.77 million, a PE ratio of -1.87 and a beta of 1.07. The company has a current ratio of 6.06, a quick ratio of 2.10 and a debt-to-equity ratio of 1.42. The firm’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.12.
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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