Red Pine Exploration Inc. (CVE:RPX – Get Free Report) dropped 4.2% during trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.12. Approximately 94,300 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 366,508 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Stock Up 8.7 %
The business’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.12. The stock has a market cap of C$23.84 million, a price-to-earnings ratio of -3.13 and a beta of 1.08.
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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