Rubellite Energy (OTC:RUBLF) Shares Down 1.8% – Here’s What Happened

Rubellite Energy Inc. (OTC:RUBLFGet Free Report) shares dropped 1.8% on Tuesday . The stock traded as low as $1.57 and last traded at $1.60. Approximately 700 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 11,039 shares. The stock had previously closed at $1.63.

Rubellite Energy Stock Performance

The stock has a 50-day simple moving average of $1.61 and a 200-day simple moving average of $1.44.

Rubellite Energy Company Profile

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Rubellite Energy Inc, an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company operates in the Figure Lake area located in southwest of Lac La Biche, Alberta; the Marten Hills area is located in the northeast of Slave Lake; and the Ukalta area is located in the northeast of Edmonton, Alberta.

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