Rubellite Energy Inc. (TSE:RBY - Get Free Report) shares were up 6.9% during mid-day trading on Tuesday . The company traded as high as C$2.35 and last traded at C$2.33. Approximately 59,250 shares were traded during trading, an increase of 92% from the average daily volume of 30,845 shares. The stock had previously closed at C$2.18.
Rubellite Energy Stock Performance
The company has a debt-to-equity ratio of 38.92, a quick ratio of 1.21 and a current ratio of 0.46. The business's fifty day simple moving average is C$2.05 and its 200-day simple moving average is C$1.91. The firm has a market capitalization of C$214.61 million, a PE ratio of 2.99 and a beta of 0.99.
Rubellite Energy Company Profile
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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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