Red Pine Exploration Inc. (CVE:RPX – Get Free Report) traded down 4.2% on Monday . The company traded as low as C$0.12 and last traded at C$0.12. 93,421 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 90,896 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Stock Down 4.2 %
The firm has a market capitalization of C$33.61 million, a price-to-earnings ratio of -2.88 and a beta of 1.07. The company has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.11.
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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