Shares of Rubellite Energy Inc. (TSE:RBY – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$4.63 and last traded at C$4.60, with a volume of 131670 shares. The stock had previously closed at C$4.33.
Rubellite Energy Stock Performance
The firm’s 50-day moving average price is C$3.53 and its 200-day moving average price is C$3.14. The company has a debt-to-equity ratio of 40.97, a current ratio of 0.38 and a quick ratio of 1.21. The stock has a market cap of C$421.05 million, a P/E ratio of 56.12 and a beta of -0.87.
Rubellite Energy (TSE:RBY – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported C($0.25) earnings per share for the quarter. The company had revenue of C$22.92 million for the quarter. Rubellite Energy had a net margin of 3.70% and a return on equity of 2.51%.
About Rubellite Energy
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.
Further Reading
- Five stocks we like better than Rubellite Energy
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Rubellite Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubellite Energy and related companies with MarketBeat.com's FREE daily email newsletter.
