Rubellite Energy Inc. (TSE:RBY – Get Free Report) shares dropped 1.5% during mid-day trading on Monday . The stock traded as low as C$3.30 and last traded at C$3.30. 23,409 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 132,904 shares. The stock had previously closed at C$3.35.
Rubellite Energy Stock Performance
The company has a market cap of C$304.77 million, a PE ratio of 40.62 and a beta of -0.86. The company has a debt-to-equity ratio of 40.97, a quick ratio of 1.21 and a current ratio of 0.38. The stock’s 50-day simple moving average is C$3.37 and its 200 day simple moving average is C$2.97.
Rubellite Energy (TSE:RBY – Get Free Report) last released its earnings results on Monday, May 11th. The company reported C($0.25) EPS for the quarter. The firm had revenue of C$22.92 million during the quarter. Rubellite Energy had a return on equity of 2.51% and a net margin of 3.70%.
About Rubellite Energy
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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