Shares of Red Pine Exploration Inc. (CVE:RPX – Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 121000 shares trading hands. The stock had previously closed at C$0.09.
Red Pine Exploration Trading Down 5.9 %
The firm has a market cap of C$15.26 million, a P/E ratio of -2.00 and a beta of 1.19. The firm’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.16.
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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