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Rackla Metals shares plunged 25% to C$0.09 on heavy trading, with no official reason given.
Rackla Metals (CVE:RAK) shares dropped 25% on Wednesday, reaching a low of C$0.09 and closing at that level, down from C$0.12, amid a surge in trading volume to 2.65 million shares—274% above average.
The junior gold exploration company, focused on properties in Canada’s Yukon and Northwest Territories, has a market cap of C$14.67 million, a negative P/E ratio of -1.80, and strong liquidity ratios, but no specific reason for the decline was provided in the report.
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Las acciones de Rackla Metals se desplomaron un 25% a C $ 0.09 en una fuerte negociación, sin ninguna razón oficial dada.