Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s stock price dropped 4.3% during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 279,050 shares were traded during trading, an increase of 112% from the average daily volume of 131,731 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Price Performance
The company has a market cap of C$32.15 million, a P/E ratio of -2.75 and a beta of 1.07. The company has a 50 day moving average of C$0.12 and a 200-day moving average of C$0.11.
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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