-$0.01 (-13.81%)
Industry, Sector & symbol
| Stock Exchange | OTC |
| CEO | Simon T. Ridgway |
| Industry | Gold |
| Sector | Basic Materials |
| Current Symbol | RMETF |
| CUSIP | 750080202 |
| CIK | None |
| Web | https://www.racklametals.com |
| Phone | 604 801 5432 |
| Currency | USD |
| Employees | 0 |
| Country | CA |
Liquidity
| Debt-to-Equity Ratio | 0.01 |
| Payout Ratio | 0.00 |
| Current Ratio | 37.76 |
| Quick Ratio | 37.76 |
| Cash Ratio | 36.96 |
Sales & Book Value
| Annual Sales | $- |
| Price / Sales | 0.00 |
| Cash Flow | -0.04 |
| Price / Cash Flow | -3.34 |
| Price / Book | 1.93 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.0423 |
| Trailing P/E Ratio | -3.08 |
| PEG Ratio | 0.06 |
| P/E Growth | 0.06 |
| Net Income | $-5.88M |
| Net Margin | 0.00% |
| Pretax Margin | 0.00% |
| Return on Equity | -63.28% |
| Return on Assets | -51.78% |
Financials Score
| AltmanZ Score | 29.45 |
| Piotroski Score | 1.00 |
| Working Capital | 9.62M |
| Total Assets | 11.35M |
| Ebit | -6.73M |
| Market Cap | 21.17M |
| Total Liabilities | 381.05K |
About Rackla Metals Inc. (OTC:RMETF) Stock
Rackla Metals Inc. operates as an exploration-stage company, concentrating on identifying, acquiring, and evaluating mineral properties, primarily within Canada. The firm's exploration endeavors target deposits of gold and various base metals. Rackla Metals holds complete ownership of the Rivier property, an asset encompassing 116 claims over 2,404 hectares, situated in the Watson Lake Mining District. Furthermore, it possesses a 73.5% interest in the Misisi gold project, a venture comprising three contiguous mining leases covering approximately 133 square kilometers in the Democratic Republic of Congo. Established in 2011, Rackla Metals Inc. is headquartered in Vancouver, Canada. ...
2026-06-17 07:00:00
Vancouver, British Columbia – TheNewswire - June 17, 2026 – Rackla Metals Inc. (TSX-V: RAK) (“Rackla” or the “Company”) is pleased to announce that Mr. Paul Gruner has joined Rackla's advisory committee to assist the Company in developing its Indigenous partnership strategy and engagement framework in connection with the advancement of its northern critical minerals assets. Mr. Gruner is a senior executive with extensive experience in Indigenous business leadership, mining, infrastructure, renewable energy, economic development, and partnership building across Northern Canada. He brings a deep understanding of the practical, commercial, cultural, and governance considerations required to build durable relationships between resource companies and Indigenous governments, development corporations, and community stakeholders.
Rackla Metals appoints Senior Mining Executive Jeff Reinson to the Board
2026-06-04 07:00:00
V ancouver, British Columbia – TheNewswire - June 4, 2026 – Rackla Metals Inc. (TSX-V: RAK) (the “ Company ”) is pleased to announce the appointment of Jeff Reinson to the Company's Board of Directors. Mr. Reinson is a seasoned mining executive with more than 25 years of project, engineering, development and operational leadership experience. His appointment adds significant mine development and operating expertise to Rackla's Board at an important time, as the Company evaluates the potential of its tungsten assets in the Northwest Territories and the broader opportunity to participate in the redevelopment of a Canadian tungsten district.
Rackla Metals Adopts Semi-Annual Financial Reporting
2026-05-26 07:00:00
V ancouver, British Columbia – May 26, 2026 – TheNewswire - Rackla Metals Inc. (TSX-V: RAK) (the “ Company ”) announces that it has adopted semi-annual financial reporting (“ SAR ”) pursuant to Coordinated Blanket Order 51-933 – Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the “ Blanket Order ”). The Blanket Order allows eligible venture issuers listed on the TSX Venture Exchange (the “ TSXV ”) to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, the Company aims to reduce the administrative and financial burden associated with quarterly reporting.
Rackla Metals Completes Private Placement Financing, Raising $3.44 Million
2026-05-25 07:00:00
V ancouver, British Columbia – May 25, 2026 – TheNewswire – Rackla Metals Inc. (TSX-V: RAK) (the “ Company ”) is pleased to report that it has closed its previously announced non-brokered private placement financing (the “ Offering ”), raising total gross proceeds of $3.44 million with the issuance of 16.0 million charity flow-through units (the “ CFT Units ”) at a price of $0.215 per unit. Each CFT Unit consists of one charity flow-through common share in the capital of the Company (each, a “ Common Share ”) that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “ Tax Act ”) (each, a “ CFT Share ”) and one-half of one common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant entitles the holder thereof to acquire one non-flow-through Common Share (each, a “ Warrant Share ”) at an exercise price of $0.20 per Warrant Share for a period of 12 months following the closing of the Offering.
Rackla Receives Land Use Permit for the 2026 Exploration Program on the Lentung Property
2026-05-21 07:00:00
Vancouver, British Columbia – May 21, 2026 - TheNewswire – Rackla Metals Inc. (TSX-V: RAK) (“Rackla” or the “Company”) is pleased to announce that it has obtained a 5-year Type A Land Use Permit from the Sahtu Land and Water Board for the Lentung project. The permit allows for the establishment of a 49-person camp, drill-based mineral exploration program and the repair, maintenance, and use of existing trails and access routes at Lentung. The Lentung Project is now fully permitted for the upcoming 2026 exploration season. The Lentung project is located within the Tombstone Tungsten Belt of western Northwest Territories and is approximately 60 km by road north of the past-producing Cantung tungsten mine. Between 1977 and 1982 Union Carbide Exploration Corporation conducted a comprehensive exploration program on the Lentung property (previously called Lened) which included 26,900 m of diamond drilling, a variety of geochemical and geophysical surveys, detailed geological mapping, trenching, metallurgical, engineering, economic and environmental studies. In 1982, Union Carbide submitted the project to the Federal Environmental Assessment and Review Process (EARP) seeking a mine permit. However, due to declining tungsten prices, the company withdrew the application and paused all activities at the site (see Rackla press release dated March 30, 2026). There has been no significant work on the site since then.
Rackla Metals Announces Up To $3.44 Million Non-Brokered Private Placement
2026-04-22 09:00:00
V ancouver, British Columbia – April 22, 2026 - TheNewswire – Rackla Metals Inc. (TSX-V: RAK) (the “ Company ”) is pleased to announce that it proposes to complete a non-brokered private placement financing to raise gross proceeds of up to $3.44 million (the “ Offering ”) by the issuance of up to 16 million charity flow-through units (the “ CFT Units ”) at a price of $0.215 per unit. The Offering has been structured to take advantage of the LIFE exemption whereby common shares issued pursuant to the exemption will be freely tradeable listed equity securities not subject to any hold period (see below). Each CFT Unit will consist of one charity flow-through common share in the capital of the Company (each, a “ Common Share ”) that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “ Tax Act ”) (each, a “ CFT Share ”) and one-half of one common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant will entitle the holder thereof to acquire one non-flow-through Common Share (each, a “ Warrant Share ”) at an exercise price of $0.20 per Warrant Share for a period of 12 months following the closing of the Offering.
Frequently Asked Questions
What is the current Rackla Metals Inc. (RMETF) stock price?
Rackla Metals Inc.(OTC:RMETF) stock price is $0.0905 in the last trading session. During the trading session, RMETF stock reached the peak price of $0.96 while $0.051 was the lowest point it dropped to. The percentage change in RMETF stock occurred in the recent session was --13.81% while the dollar amount for the price change in RMETF stock was -$-0.01.
RMETF's industry and sector of operation?
The OTC listed RMETF is part of Gold industry that operates in the broader Basic Materials sector.
Who are the executives of RMETF?
Simon T. Ridgway
| Chairman & Chief Executive Officer
Sally Whittall
| Corporate Secretary
Scott Casselman
| Vice President of Exploration
Kevin Bales
| Chief Financial Officer
|
How many employees does RMETF have?
Number of RMETF employees currently stands at 0. RMETF operates from 200 Burrard Street, Vancouver, BC V6C 3L6, CA.
Link for RMETF official website?
Official Website of RMETF is: https://www.racklametals.com
How do I contact RMETF?
RMETF could be contacted at phone #604 801 5432 and can also be accessed through its website. RMETF operates from 200 Burrard Street, Vancouver, BC V6C 3L6, CA.
How many shares of RMETF are traded daily?
The average number of RMETF shares traded daily for last 3 months was 47.84K.
What is the market cap of RMETF currently?
The market value of RMETF currently stands at $15.06M with its latest stock price at $0.0905