Shares of Rubellite Energy Inc. (TSE:RBY – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$2.75 and last traded at C$2.59, with a volume of 25843 shares trading hands. The stock had previously closed at C$2.61.
Rubellite Energy Stock Down 0.8%
The firm’s 50-day moving average price is C$2.40 and its 200 day moving average price is C$2.29. The company has a current ratio of 0.46, a quick ratio of 1.21 and a debt-to-equity ratio of 38.92. The company has a market capitalization of C$242.39 million, a price-to-earnings ratio of 4.32 and a beta of 0.38.
Rubellite Energy (TSE:RBY – Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported C$0.06 earnings per share (EPS) for the quarter. Rubellite Energy had a net margin of 25.91% and a return on equity of 15.64%. The business had revenue of C$97.17 million for the quarter.
Rubellite Energy Company Profile
Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.
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