Rupert Resources (CVE:RUP) Stock Price Down 2% – Should You Sell?

Rupert Resources Ltd. (CVE:RUP) fell 2% during mid-day trading on Monday . The stock traded as low as C$4.50 and last traded at C$4.52. 30,205 shares traded 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.

Rupert Resources Stock Performance

The stock’s 50-day moving average is C$4.52 and its 200 day moving average is C$4.52. The stock has a market cap of C$864.74 million and a price-to-earnings ratio of -94.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 10.57 and a quick ratio of 10.54.

Insider Activity at Rupert Resources

In other news, Senior Officer Thomas Credland sold 161,250 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of C$4.02, for a total transaction of C$648,225.00. Also, Director James Withall sold 487,500 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$4.02, for a total value of C$1,959,750.00. Insiders have sold a total of 823,850 shares of company stock worth $3,265,078 over the last three months.

About Rupert Resources

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.