Red Pine Exploration (CVE:RPX) Trading Down 11.8%

Red Pine Exploration Inc. (CVE:RPXGet Free Report) shares traded down 11.8% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08. 299,601 shares changed hands during trading, a decline of 19% from the average session volume of 369,163 shares. The stock had previously closed at C$0.09.

Red Pine Exploration Trading Down 5.9 %

The company has a market capitalization of C$15.26 million, a PE ratio of -2.00 and a beta of 1.19. The business has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.16.

About Red Pine Exploration

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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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