Rupert Resources (CVE:RUP) PT Raised to C$12.00 at Canaccord Genuity Group

Rupert Resources (CVE:RUP) had its target price hoisted by equities research analysts at Canaccord Genuity Group from C$10.25 to C$12.00 in a note issued to investors on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective points to a potential upside of 165.49% from the company’s current price.

Rupert Resources Stock Performance

Shares of RUP opened at C$4.52 on Tuesday. The company’s fifty day moving average is C$4.52 and its two-hundred day moving average is C$4.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 10.54 and a current ratio of 10.57. The stock has a market capitalization of C$864.74 million and a P/E ratio of -94.17. Rupert Resources has a 1 year low of C$3.53 and a 1 year high of C$6.77.

Insider Activity

In other Rupert Resources news, Director William Albert Washington bought 28,700 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was purchased at an average cost of C$3.00 per share, for a total transaction of C$86,025.38.

Rupert Resources Company Profile

Rupert Resources Ltd. engages in the acquisition and exploration of mineral properties in Finland. It primarily focuses on 100% owned Rupert Lapland Project Area including Ikkari discovery and Pahtavaara mine and mill covering an area of 595km2 located in Northern Finland. Rupert Resources Ltd. is headquartered in Toronto, Canada.