Rubellite Energy Inc. (TSE:RBY – Get Free Report)’s share price hit a new 52-week high during trading on Friday . The company traded as high as C$2.75 and last traded at C$2.75, with a volume of 268372 shares traded. The stock had previously closed at C$2.74.
Rubellite Energy Stock Performance
The company has a quick ratio of 1.21, a current ratio of 0.46 and a debt-to-equity ratio of 38.92. The company has a market cap of C$257.37 million, a P/E ratio of 4.58 and a beta of 0.04. The company’s 50-day moving average is C$2.51 and its two-hundred day moving average is C$2.37.
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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