Rubellite Energy Inc. (TSE:RBY – Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$3.27 and last traded at C$3.24, with a volume of 136032 shares trading hands. The stock had previously closed at C$3.15.
Rubellite Energy Stock Up 6.3%
The company’s fifty day simple moving average is C$2.80 and its 200-day simple moving average is C$2.50. The firm has a market capitalization of C$329.45 million, a PE ratio of 10.35 and a beta of 0.09. The company has a debt-to-equity ratio of 33.87, a current ratio of 0.50 and a quick ratio of 1.21.
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.
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