Rupert Resources (CVE:RUP) Shares Down 2% – What’s Next?

Rupert Resources Ltd. (CVE:RUPGet Free Report)’s stock price fell 2% on Thursday . The company traded as low as C$4.50 and last traded at C$4.52. 30,205 shares changed hands during trading, a decline of 52% from the average session volume of 63,094 shares. The stock had previously closed at C$4.61.

Analyst Ratings Changes

Separately, BMO Capital Markets reduced their price objective on shares of Rupert Resources from C$12.00 to C$8.00 in a research note on Thursday, February 20th.

Read Our Latest Stock Report on RUP

Rupert Resources Stock Performance

The business’s fifty day moving average price is C$4.52 and its 200-day moving average price is C$4.52. The stock has a market cap of C$1.09 billion and a PE ratio of -151.74.

About Rupert Resources

(Get Free Report)

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.

Further Reading

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