Insider Buying: Rackla Metals Inc. (CVE:RAK) Insider Acquires C$11,280.00 in Stock

Rackla Metals Inc. (CVE:RAK) insider Alejandro Emiliano Gubbins Cox purchased 94,000 shares of Rackla Metals stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average cost of C$0.12 per share, with a total value of C$11,280.00.

Alejandro Emiliano Gubbins Cox also recently made the following trade(s):

• On Friday, November 8th, Alejandro Emiliano Gubbins Cox acquired 120,500 shares of Rackla Metals stock. The stock was acquired at an average price of C$0.12 per share, with a total value of C$14,460.00.

Rackla Metals Stock Down 8.3 %

Shares of CVE RAK opened at C$0.11 on Friday. The stock has a market capitalization of C$10.73 million, a price-to-earnings ratio of -1.57 and a beta of 1.45. Rackla Metals Inc. has a 52 week low of C$0.05 and a 52 week high of C$0.23. The firm has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.12. The company has a quick ratio of 6.93, a current ratio of 4.57 and a debt-to-equity ratio of 0.33.

Rackla Metals Company Profile

Rackla Metals Inc, a junior gold exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company holds a 100% interest in the Rivier property located in the Watson Lake Mining District, Yukon. It also holds interests in the Tombstone Gold Belt projects situated in Yukon and Northwest Territories.