Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s share price traded down 4.2% on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.12. 64,000 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 248,457 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Price Performance
The company has a debt-to-equity ratio of 1.42, a current ratio of 6.06 and a quick ratio of 2.10. The firm has a market cap of C$32.15 million, a price-to-earnings ratio of -2.17 and a beta of 1.07. The stock’s fifty 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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