Rackla Metals Inc. (V:RAK)
Business Focus: Gold Mining
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Latest 10 SEDI filings for RAK within the last 6 months
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Company News
Sep 26, 2023 05:00 ET
Rackla Metals Announces Completion of 2023 Field Program and Includes Hit and Astro Core Photos
Vancouver, British Columbia – September 26, 2023 –
Rackla Metals Inc. (TSXV:RAK) (the “Company”) is pleased to
announce that the Company has completed its 2023
exploration program that included 3,039 m of diamond drilling in 17
holes focused on Reduced Intrusion-Related Gold
Systems (RIRGS) at the Astro intrusive complex, in the
eastern Selwyn Basin of Yukon and NWT. The Astro intrusive complex is
comprised of the Astro, HIT and SER properties. Twelve holes (2,041.3
m) were drilled on the Astro property and 5 holes (997.5 m) were
drilled on the HIT property.
Sep 19, 2023 10:10 ET
Rackla Metals Announces Closing of Private Placement for Gross Proceeds of C$2.8 Million
Vancouver, British Columbia – TheNewswire - September 19, 2023 –
Rackla Metals Inc. (TSXV:RAK) (“Rackla” or the
“Company”) is pleased to announce the closing of its previously
announced private placement financing for aggregate gross proceeds of
C$2,786,475 (the “Offering”). Under the Offering, the Company
sold 5,769,000 flow-through units of the Company
(each, a “Flow-Through
Unit”) and 4,800,000 non-flow-through units of the Company (each, a
“Hard Unit”, and together with the Flow-Through Units, the
“Offered
Securities”).
Valuation Ratios
Industry
Sector
Beta
1.09
--
--
Price to Sales - TTM
--
2.94
4.21
Price to Book - most recent quarter
4.93
1.78
1.85
Price to Cash Flow per share - TTM
--
9.46
9.02
Price to Free Cash Flow per share - TTM
--
28.79
18.06
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 6,500 | 0 |
| Aug 15, 2023 | 11,562 | -8,927 |
| Jul 31, 2023 | 20,489 | 6,640 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Rackla Metals Inc. is a Canada-based junior gold exploration company. The Company is engaged in the acquisition and exploration of mineral properties. The Company's properties include Northwest Territories Properties and Rivier Property. It stakes three claim groups targeting gold mineralization within the extension of the Tombstone Gold Belt in the Northwest Territories, Canada, which includes RAK Main, Jos and Cinnabar Projects. The staking includes 14 claims covering approximately 11,500 hectares. The Rivier Property consists of approximately 116 claims owned by the Company. The Rivier Property is located approximately 90 kilometers southeast of Ross River, Yukon and covers lode gold mineralization of the Motherlode type. Its project also includes Astro Project, SER Property and Excite Property. The Company also has a property option agreement to purchase a 100% interest in the Astro gold project in the Northwest Territories.
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