Rubellite Energy Inc. (TSE:RBY – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as C$4.83 and last traded at C$4.67, with a volume of 62257 shares traded. The stock had previously closed at C$4.60.
Rubellite Energy Stock Performance
The stock has a market capitalization of C$433.07 million, a P/E ratio of 17.07 and a beta of -0.87. The company has a current ratio of 0.43, a quick ratio of 1.21 and a debt-to-equity ratio of 33.54. The company has a 50-day moving average price of C$3.89 and a two-hundred day moving average price of C$3.40.
Rubellite Energy (TSE:RBY – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported C$0.35 EPS for the quarter. Rubellite Energy had a return on equity of 7.79% and a net margin of 11.09%.The company had revenue of C$95.38 million for the quarter.
About Rubellite Energy
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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