Rupert Resources (CVE:RUP) Trading Down 2% – Should You Sell?

Shares of Rupert Resources Ltd. (CVE:RUP) were down 2% during trading on Monday . The stock traded as low as C$4.50 and last traded at C$4.52. Approximately 30,204 shares were traded during trading, a decline of 52% from the average daily volume of 63,094 shares. The stock had previously closed at C$4.61.

Rupert Resources Stock Down 2.0 %

The firm has a market cap of C$864.74 million and a P/E ratio of -94.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 10.54 and a current ratio of 10.57. The firm’s fifty day moving average is C$4.52 and its 200 day moving average is C$4.52.

Insider Activity

In related news, Senior Officer Jeffrey Laszlo Karoly sold 23,388 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$3.53, for a total transaction of C$82,559.64. In other news, Senior Officer Thomas Credland sold 161,250 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of C$4.02, for a total value of C$648,225.00. Also, Senior Officer Jeffrey Laszlo Karoly sold 23,388 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$3.53, for a total transaction of C$82,559.64. In the last ninety days, insiders sold 823,850 shares of company stock worth $3,265,078.

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.