Rubellite Energy Inc. (TSE:RBY – Get Free Report)’s share price rose 0.4% during trading on Thursday . The stock traded as high as C$2.48 and last traded at C$2.41. Approximately 11,533 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 35,294 shares. The stock had previously closed at C$2.40.
Rubellite Energy Price Performance
The company has a 50-day moving average of C$2.39 and a two-hundred day moving average of C$2.25. 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 stock has a market capitalization of C$225.55 million, a PE ratio of 4.02 and a beta of 0.38.
Rubellite Energy (TSE:RBY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.06 EPS for the quarter. The company had revenue of C$97.17 million during the quarter. Rubellite Energy had a net margin of 25.91% and a return on equity of 15.64%.
Rubellite Energy Company Profile
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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