Rubellite Energy (TSE:RBY) Releases Earnings Results

Rubellite Energy (TSE:RBY) posted its earnings results on Monday. The company reported C$0.35 earnings per share (EPS) for the quarter, FiscalAI reports. Rubellite Energy had a net margin of 3.70% and a return on equity of 2.51%. The firm had revenue of C$95.38 million during the quarter.

Rubellite Energy Price Performance

RBY opened at C$4.23 on Monday. Rubellite Energy has a 52-week low of C$2.03 and a 52-week high of C$4.73. The company has a 50 day moving average of C$3.75 and a two-hundred day moving average of C$3.29. The company has a market cap of C$396.66 million, a P/E ratio of 52.88 and a beta of -0.87. The company has a quick ratio of 1.21, a current ratio of 0.38 and a debt-to-equity ratio of 40.97.

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.