Rubellite Energy Inc. (TSE:RBY - Get Free Report) was up 3.3% during mid-day trading on Wednesday . The stock traded as high as C$2.24 and last traded at C$2.22. Approximately 230,073 shares changed hands during mid-day trading, an increase of 648% from the average daily volume of 30,770 shares. The stock had previously closed at C$2.15.
Rubellite Energy Trading Down 1.4%
The company has a quick ratio of 1.21, a current ratio of 0.46 and a debt-to-equity ratio of 38.92. The firm has a market cap of C$201.55 million, a P/E ratio of 2.81 and a beta of 0.93. The company's 50 day simple moving average is C$2.13 and its 200-day simple moving average is C$1.94.
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.
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