Rubellite Energy (TSE:RBY) Insider Sells C$205,198.40 in Stock

Rubellite Energy Inc. (TSE:RBY) insider Jeff Green sold 46,636 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of C$4.40, for a total transaction of C$205,198.40. Following the sale, the insider directly owned 58,866 shares in the company, valued at approximately C$259,010.40. This represents a 44.20% decrease in their position.

Jeff Green also recently made the following trade(s):

• On Thursday, September 10th, Jeff Green sold 73,664 shares of Rubellite Energy stock. The shares were sold at an average price of C$4.40, for a total transaction of C$324,121.60.
• On Wednesday, September 9th, Jeff Green sold 9,700 shares of Rubellite Energy stock. The shares were sold at an average price of C$4.40, for a total transaction of C$42,680.00.

Rubellite Energy Stock Performance

RBY opened at C$4.31 on Thursday. The stock has a market cap of C$404.89 million, a P/E ratio of 15.96 and a beta of -0.97. The company has a debt-to-equity ratio of 33.54, a current ratio of 0.43 and a quick ratio of 1.21. The stock’s 50 day simple moving average is C$4.31 and its 200 day simple moving average is C$3.65. Rubellite Energy Inc. has a 1-year low of C$2.15 and a 1-year high of C$4.83.

Rubellite Energy (TSE:RBY) last issued its quarterly earnings data on Monday, August 10th. The company reported C$0.35 earnings per share (EPS) for the quarter. The firm had revenue of C$95.38 million during the quarter. Rubellite Energy had a return on equity of 7.79% and a net margin of 11.09%.

Rubellite Energy Company Profile

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.