Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price shot up 8.7% during mid-day trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. 474,377 shares were traded during trading, an increase of 32% from the average session volume of 358,226 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Trading Up 13.0 %
The stock’s 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.12. The stock has a market cap of C$24.79 million, a price-to-earnings ratio of -3.13 and a beta of 1.08.
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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