Rupert Resources (CVE:RUP) Stock Price Down 2% – Time to Sell?

Rupert Resources Ltd. (CVE:RUPGet Free Report) shares were down 2% during trading on Thursday . The stock traded as low as C$4.50 and last traded at C$4.52. Approximately 30,205 shares traded hands during trading, a decline of 52% from the average daily volume of 63,094 shares. The stock had previously closed at C$4.61.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets dropped their price target on Rupert Resources from C$12.00 to C$8.00 in a research note on Thursday, February 20th.

Check Out Our Latest Stock Report on Rupert Resources

Rupert Resources Price Performance

The firm has a market cap of C$1.09 billion and a P/E ratio of -151.74. The company’s 50-day simple moving average is C$4.52 and its 200 day simple moving average is C$4.52.

Rupert Resources Company Profile

(Get Free Report)

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.

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