Rubellite Energy Inc. (TSE:RBY – Get Free Report)’s share price was up 3.5% during trading on Monday . The stock traded as high as C$4.15 and last traded at C$4.12. Approximately 162,572 shares were traded during trading, an increase of 26% from the average daily volume of 129,423 shares. The stock had previously closed at C$3.98.
Rubellite Energy Stock Up 1.6%
The business has a 50-day simple moving average of C$3.47 and a two-hundred day simple moving average of C$3.11. The company has a market cap of C$406.04 million, a price-to-earnings ratio of 54.12 and a beta of -0.87. The company has a quick ratio of 1.21, a current ratio of 0.38 and a debt-to-equity ratio of 40.97.
Rubellite Energy (TSE:RBY – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported C($0.25) EPS for the quarter. Rubellite Energy had a net margin of 3.70% and a return on equity of 2.51%. The company had revenue of C$22.92 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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