Rugby Resources (CVE:RUG) Stock Price Up 14.3%

Rugby Resources Ltd. (CVE:RUG)’s stock price rose 14.3% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 263,000 shares changed hands during trading, an increase of 2% from the average daily volume of 258,665 shares. The stock had previously closed at C$0.04.

Rugby Resources Trading Up 14.3 %

The business has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.05. The stock has a market cap of C$12.65 million, a price-to-earnings ratio of -4.00 and a beta of 1.85. The company has a debt-to-equity ratio of 6.04, a quick ratio of 2.57 and a current ratio of 0.86.

About Rugby Resources

Rugby Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Colombia, Argentina, Chile, Australia, and the Philippines. It primarily explores for gold, silver, and copper deposits. The company holds an interest in the Motherlode gold-copper project that covers an area of 878 hectares located to the south of Surigao City in Surigao del Norte province, the Philippines; 100% interest the Colombia gold project; 100% interest in the Cobrasco copper project that covers approximately 3,000 hectares located in the Choco Region of Colombia; and Georgetown project comprising various exploration permits totaling 849 square kilometers located in North Queensland, Australia.