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Rupert Resources (CVE:RUP) Given a C$6.00 Price Target at Scotiabank

Defense World ·  Aug 16, 2022 03:52

Scotiabank set a C$6.00 price target on Rupert Resources (CVE:RUP – Get Rating) in a research note released on Monday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Rupert Resources Price Performance

Shares of CVE RUP opened at C$4.16 on Monday. The stock has a market cap of C$795.67 million and a PE ratio of -86.67. Rupert Resources has a fifty-two week low of C$3.78 and a fifty-two week high of C$6.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 11.37 and a current ratio of 11.41. The stock has a fifty day moving average of C$4.57 and a 200-day moving average of C$5.10.

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Rupert Resources (CVE:RUP – Get Rating) last announced its quarterly earnings results on Friday, June 10th. The company reported C($0.01) earnings per share for the quarter. Equities research analysts anticipate that Rupert Resources will post -0.01 earnings per share for the current year.

Rupert Resources Company Profile

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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.

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