Rubellite Energy Inc. (TSE:RBY – Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as C$4.70 and last traded at C$4.66, with a volume of 34403 shares changing hands. The stock had previously closed at C$4.57.
Rubellite Energy Stock Up 2.0%
The stock has a market cap of C$436.99 million, a price-to-earnings ratio of 58.25 and a beta of -0.87. The business has a fifty day moving average of C$3.63 and a 200 day moving average of C$3.22. The company has a debt-to-equity ratio of 40.97, a current ratio of 0.38 and a quick ratio of 1.21.
Rubellite Energy (TSE:RBY – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported C($0.25) earnings per share (EPS) for the quarter. The business had revenue of C$22.92 million during the quarter. Rubellite Energy had a net margin of 3.70% and a return on equity of 2.51%.
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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