Red Pine Exploration (CVE:RPX) Trading Up 5.6%

Red Pine Exploration Inc. (CVE:RPXGet Free Report)’s share price was up 5.6% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 178,206 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 437,737 shares. The stock had previously closed at C$0.09.

Red Pine Exploration Stock Performance

The stock has a fifty day moving average of C$0.17 and a 200 day moving average of C$0.18. The company has a market capitalization of C$18.12 million, a P/E ratio of -2.25 and a beta of 1.19.

Red Pine Exploration Company Profile

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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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