Rupert Resources (CVE:RUP – Free Report) had its price objective upped by Canaccord Genuity Group from C$10.25 to C$12.00 in a research report released on Tuesday, BayStreet.CA reports.
Rupert Resources Stock Down 2.0 %
Rupert Resources stock opened at C$4.52 on Tuesday. The company’s 50 day simple moving average is C$4.52 and its 200 day simple moving average is C$4.52. Rupert Resources has a fifty-two week low of C$3.53 and a fifty-two week high of C$6.77. The firm has a market capitalization of C$864.74 million and a price-to-earnings ratio of -94.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 10.57 and a quick ratio of 10.54.
Insider Buying and Selling
In related news, Director William Albert Washington purchased 28,700 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were purchased at an average price of C$3.00 per share, with a total value of C$86,025.38.
About Rupert Resources
Rupert Resources Ltd. engages in the acquisition and exploration of mineral properties in Finland. It primarily focuses on 100% owned Rupert Lapland Project Area including Ikkari discovery and Pahtavaara mine and mill covering an area of 595km2 located in Northern Finland. Rupert Resources Ltd. is headquartered in Toronto, Canada.
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