Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price was down 17.4% on Monday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 751,874 shares traded hands during mid-day trading, an increase of 233% from the average daily volume of 226,116 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Trading Down 17.4 %
The stock has a market cap of C$27.77 million, a PE ratio of -1.87 and a beta of 1.07. The company’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.12. The company has a debt-to-equity ratio of 1.42, a current ratio of 6.06 and a quick ratio of 2.10.
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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