Rubellite Energy Inc. (TSE:RBY – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$4.83 and last traded at C$4.67, with a volume of 62257 shares trading hands. The stock had previously closed at C$4.60.
Rubellite Energy Stock Performance
The company has a quick ratio of 1.21, a current ratio of 0.43 and a debt-to-equity ratio of 33.54. The firm has a market capitalization of C$433.07 million, a P/E ratio of 17.07 and a beta of -0.87. The company’s 50 day moving average is C$3.89 and its 200-day moving average is C$3.40.
Rubellite Energy (TSE:RBY – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported C$0.35 earnings per share for the quarter. Rubellite Energy had a net margin of 11.09% and a return on equity of 7.79%. The firm had revenue of C$95.38 million during the quarter.
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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