Rubellite Energy Inc. (TSE:RBY - Get Free Report)'s share price was down 3.3% during trading on Monday . The stock traded as low as C$2.07 and last traded at C$2.07. Approximately 42,900 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 28,418 shares. The stock had previously closed at C$2.14.
Rubellite Energy Price Performance
The stock has a market capitalization of C$191.33 million, a P/E ratio of 4.14 and a beta of 1.05. The company has a debt-to-equity ratio of 38.92, a current ratio of 0.46 and a quick ratio of 1.21. The firm has a 50-day simple moving average of C$1.95 and a 200 day simple moving average of C$1.89.
About Rubellite Energy
(
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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.
Further Reading
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