Shares of Rubicon Minerals Corp. (TSE:RMX) dropped 2.3% on Monday . The company traded as low as C$1.25 and last traded at C$1.25. Approximately 118,900 shares changed hands during trading, an increase of 233% from the average daily volume of 35,687 shares. The stock had previously closed at C$1.28.

The stock has a market capitalization of $72.35, a P/E ratio of 0.10 and a beta of -0.07.

Rubicon Minerals (TSE:RMX) last issued its quarterly earnings results on Monday, November 13th. The company reported C($0.04) earnings per share for the quarter.

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About Rubicon Minerals

Rubicon Minerals Corporation is an exploration-stage company. The Company owns the Phoenix gold project, located in the Red Lake gold district in northwestern Ontario, Canada. The Company’s segment is the mining business in North America. It also controls over 100 square miles of exploration ground in the Red Lake gold district and approximately 350 square miles of mineral property interests in the Long Canyon gold district that straddles the Nevada-Utah border in the United States.

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