Should I buy or sell Rubellite Energy stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rubellite Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBY shares. View RBY analyst ratings or view top-rated stocks .

What is Rubellite Energy's stock price target for 2024?

2 analysts have issued 12 month target prices for Rubellite Energy's shares. Their RBY share price targets range from C$3.50 to C$4.50. On average, they predict the company's stock price to reach C$3.95 in the next twelve months. This suggests a possible upside of 73.2% from the stock's current price. View analysts price targets for RBY or view top-rated stocks among Wall Street analysts .

How have RBY shares performed in 2023?

Rubellite Energy's stock was trading at C$1.85 at the start of the year. Since then, RBY stock has increased by 23.2% and is now trading at C$2.28. View the best growth stocks for 2023 here .

When is Rubellite Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our RBY earnings forecast .

How were Rubellite Energy's earnings last quarter?

Rubellite Energy Inc. (TSE:RBY) announced its quarterly earnings data on Thursday, November, 9th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.02. The company had revenue of $25.78 million for the quarter. Rubellite Energy had a trailing twelve-month return on equity of 19.30% and a net margin of 40.22%.

How do I buy shares of Rubellite Energy?

Shares of RBY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Rubellite Energy Stock Price, News & Analysis (TSE:RBY)

C$2.28

+0.03 (+1.33%)

(As of 12/1/2023 08:56 PM ET)

Compare

Today's Range: C$2.22
▼
C$2.30
50-Day Range: C$2.17
▼
C$2.80
52-Week Range: C$1.58
▼
C$2.85

Volume: 29,790 shs
Average Volume: 73,455 shs
Market Capitalization: C$142.29 million

P/E Ratio: 4.47
Dividend Yield: N/A
Price Target: C$3.95

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Rubellite Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 73.2% Upside
C$3.95 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$52,524 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Rubellite Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$3.95, Rubellite Energy has a forecasted upside of 73.2% from its current price of C$2.28.
Amount of Analyst Coverage
Rubellite Energy has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RBY.

0.0

Dividend Strength

Dividend Yield
Rubellite Energy does not currently pay a dividend.
Dividend Growth
Rubellite Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RBY.

3.4

News and Social Media Coverage

News Sentiment
Rubellite Energy has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Rubellite Energy this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Rubellite Energy to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rubellite Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$52,524.00 in company stock.
Percentage Held by Insiders
37.62% of the stock of Rubellite Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 4.83% of the stock of Rubellite Energy is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rubellite Energy is 4.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rubellite Energy is 4.47, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 114.00.
Price to Book Value per Share Ratio
Rubellite Energy has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rubellite Energy Stock (TSE:RBY)

Rubellite Energy Inc. engages in the exploration, development, production, and sale of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company was incorporated in 2021 and is headquartered in Calgary, Canada. Rubellite Energy Inc. is a subsidiary of Perpetual Energy Inc.

RBY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RBY Stock News Headlines

December 2, 2023 | americanbankingnews.com

Rubellite Energy (TSE:RBY) Shares Up 1.3%

November 10, 2023 | msn.com

Rubellite Energy reports Q4 results

December 4, 2023 | Financial Alphas (Ad)

Recent Reports Are A Wake-Up Call For Investors

As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.

November 9, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. REPORTS THIRD QUARTER 2023 FINANCIAL AND OPERATING RESULTS, COMPLETES PREVIOUSLY ANNOUNCED ASSET ACQUISITION AND INCREASES 2023 PRODUCTION GUIDANCE

October 22, 2023 | marketwatch.com

Rubellite Energy Shares Rise on C$34M Asset Acquisition in Alberta

October 20, 2023 | markets.businessinsider.com

Rubellite Energy Inc (RBY) Gets a Buy Rating from BMO Capital

October 19, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. ANNOUNCES STRATEGIC CLEARWATER ACQUISITION; CREDIT FACILITY EXPANSION; OPERATIONS UPDATE AND REVISED GUIDANCE FOR 2023

October 9, 2023 | finance.yahoo.com

Rubellite Energy's (TSE:RBY) Returns On Capital Are Heading Higher

December 4, 2023 | Financial Alphas (Ad)

Recent Reports Are A Wake-Up Call For Investors

September 11, 2023 | finance.yahoo.com

RUBELLITE ANNOUNCES OPERATIONAL UPDATE AND PARTICIPATION IN THE PETERS & CO. LIMITED 2023 ENERGY CONFERENCE

August 11, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. REPORTS SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTS, PROVIDES OPERATIONS UPDATE AND CONFIRMS 2023 GUIDANCE

July 28, 2023 | businesswire.com

Leap Launches New California Grid Services Program to Drive Revenue for Battery Storage Systems

July 24, 2023 | businesswire.com

Energy Vault Schedules Conference Call to Discuss Second Quarter 2023 Financial Results

July 20, 2023 | finance.yahoo.com

Rubellite Energy Inc.'s (TSE:RBY) largest shareholders are retail investors with 60% ownership, private companies own 29%

July 19, 2023 | theglobeandmail.com

Closing Bell: Rubellite Energy Inc up on Tuesday (RBY)

July 12, 2023 | msn.com

Eversource Energy: A Solid Utility Selling At An Attractive Valuation

July 7, 2023 | msn.com

RBC Capital Initiates Coverage of Bloom Energy Corp - (BE) with Outperform Recommendation

June 16, 2023 | theglobeandmail.com

Closing Bell: Rubellite Energy Inc up on Thursday (RBY)

June 3, 2023 | theglobeandmail.com

Closing Bell: Rubellite Energy Inc flat on Friday (RBY)

June 1, 2023 | msn.com

Rubellite Energy (TSE:RBY) Price Target Decreased by 8.57% to 3.26

May 18, 2023 | theglobeandmail.com

Closing Bell: Rubellite Energy Inc up on Wednesday (RBY)

May 12, 2023 | markets.businessinsider.com

BMO Capital Thinks Rubellite Energy Inc’s Stock is Going to Recover

May 11, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. REPORTS FIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTS, PROVIDES OPERATIONS UPDATE AND FULL YEAR 2023 GUIDANCE

May 11, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. REPORTS FIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTS, PROVIDES OPERATIONS UPDATE AND FULL YEAR 2023 GUIDANCE

April 28, 2023 | theglobeandmail.com

Closing Bell: Rubellite Energy Inc up on Friday (RBY)

April 26, 2023 | wsj.com

Rubellite Energy Inc.

April 26, 2023 | theglobeandmail.com

Closing Bell: Rubellite Energy Inc down on Tuesday (RBY)

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/03/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas E&P
Sub-Industry: N/A
Sector: Energy
Current Symbol: TSE:RBY
CUSIP: N/A
CIK: N/A
Web: rubelliteenergy.com
Phone: 403-269-4400
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$3.95
High Stock Price Target: C$4.50
Low Stock Price Target: C$3.50
Potential Upside/Downside: +73.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.51
Trailing P/E Ratio: 4.47
Forward P/E Ratio: 5.01
P/E Growth: N/A
Net Income: C$27.76 million
Net Margins: 40.22%
Pretax Margin: N/A
Return on Equity: 19.30%
Return on Assets: 3.97%

Debt

Debt-to-Equity Ratio: 5.01
Current Ratio: 0.56
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: C$69.03 million
Price / Sales: 2.06
Cash Flow: C$0.13 per share
Price / Cash Flow: 17.37
Book Value: C$3.02 per share
Price / Book: 0.75

Miscellaneous

Outstanding Shares: 62,410,000
Free Float: N/A
Market Cap: C$142.29 million
Optionable: Not Optionable
Beta: 1.77

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Key Executives

Ms. Susan L. Riddell Rose B.Sc. (Age 58)
Chairman, President & CEO
Comp: $92.89k
Mr. Ryan Shay CFA
VP of Finance, CFO & Director
Karlton H. Rumpf
Vice President of Exploration & New Ventures
Mr. Marcello M. Rapini
Vice President of Marketing

Key Competitors

View All Competitors

Insiders

RBY Stock Analysis - Frequently Asked Questions

Should I buy or sell Rubellite Energy stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rubellite Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBY shares.
View RBY analyst ratings or view top-rated stocks.
What is Rubellite Energy's stock price target for 2024?: 2 analysts have issued 12 month target prices for Rubellite Energy's shares. Their RBY share price targets range from C$3.50 to C$4.50. On average, they predict the company's stock price to reach C$3.95 in the next twelve months. This suggests a possible upside of 73.2% from the stock's current price.
View analysts price targets for RBY or view top-rated stocks among Wall Street analysts.
How have RBY shares performed in 2023?: Rubellite Energy's stock was trading at C$1.85 at the start of the year. Since then, RBY stock has increased by 23.2% and is now trading at C$2.28.
View the best growth stocks for 2023 here.
When is Rubellite Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our RBY earnings forecast.

How were Rubellite Energy's earnings last quarter?: Rubellite Energy Inc. (TSE:RBY) announced its quarterly earnings data on Thursday, November, 9th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.02. The company had revenue of $25.78 million for the quarter. Rubellite Energy had a trailing twelve-month return on equity of 19.30% and a net margin of 40.22%.
How do I buy shares of Rubellite Energy?: Shares of RBY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RBY) was last updated on 12/4/2023 by MarketBeat.com Staff

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Rubellite Energy Stock Price, News & Analysis (TSE:RBY)

Rubellite Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Rubellite Energy Stock (TSE:RBY)

RBY Stock Price History

RBY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

RBY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™