Red Pine Exploration Inc. (CVE:RPX – Get Free Report) rose 7.7% on Tuesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 267,500 shares changed hands during trading, an increase of 100% from the average daily volume of 133,914 shares. The stock had previously closed at C$0.20.
Red Pine Exploration Price Performance
The stock’s 50 day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.19. The firm has a market cap of C$38.14 million, a P/E ratio of -5.00 and a beta of 1.17.
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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