Red Pine Exploration Inc. (CVE:RPX – Get Free Report) shares rose 8.7% on Friday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 500,000 shares were traded during mid-day trading, an increase of 118% from the average daily volume of 229,416 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Stock Up 8.7 %
The business’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.12. The company has a market capitalization of C$36.54 million, a PE ratio of -2.46 and a beta of 1.07. The company has a quick ratio of 2.10, a current ratio of 6.06 and a debt-to-equity ratio of 1.42.
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.
Further Reading
- Five stocks we like better than Red Pine Exploration
- 3 Healthcare Dividend Stocks to Buy
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Options Trading – Understanding Strike Price
- DuPont’s Electronics Spinoff: The Start of Something Big
- What Does a Stock Split Mean?
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
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.
