Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s share price traded down 5.3% during mid-day trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09. 159,395 shares were traded during trading, a decline of 30% from the average session volume of 228,297 shares. The stock had previously closed at C$0.10.
Red Pine Exploration Trading Up 5.0 %
The firm has a market cap of C$30.69 million, a PE ratio of -2.07 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. The company’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12.
Red Pine Exploration Company Profile
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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