Rupert Resources (CVE:RUP) Price Target Raised to C$12.00

Rupert Resources (CVE:RUPFree Report) had its price objective boosted by Canaccord Genuity Group from C$10.25 to C$12.00 in a research report sent to investors on Tuesday morning, BayStreet.CA reports.

Rupert Resources Stock Performance

CVE:RUP opened at C$4.52 on Tuesday. The company has a market capitalization of C$864.74 million and a PE ratio of -94.17. The company has a 50 day simple moving average of C$4.52 and a two-hundred day simple moving average of C$4.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 10.54 and a current ratio of 10.57. Rupert Resources has a fifty-two week low of C$3.53 and a fifty-two week high of C$6.77.

Insider Buying and Selling at Rupert Resources

In related news, Director William Albert Washington acquired 28,700 shares of Rupert Resources stock in a transaction dated Friday, February 23rd. The stock was bought at an average price of C$3.00 per share, with a total value of C$86,025.38.

About Rupert Resources

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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.

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