Rupert Resources Ltd. (CVE:RUP – Get Rating) rose 4.5% during trading on Monday . The company traded as high as C$4.20 and last traded at C$4.20. Approximately 1,016 shares traded hands during trading, a decline of 99% from the average daily volume of 72,848 shares. The stock had previously closed at C$4.02.
Analysts Set New Price Targets
Separately, Scotiabank set a C$6.00 price objective on shares of Rupert Resources and gave the company an "outperform" rating in a research note on Monday, August 15th.
Get Rupert Resources alerts:Rupert Resources Stock Up 4.5 %
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 firm has a market cap of C$803.33 million and a PE ratio of -87.50. The stock has a fifty day moving average price of C$4.33 and a 200-day moving average price of C$5.00.
Rupert Resources (CVE:RUP – Get Rating) last issued its earnings results on Friday, June 10th. The company reported C($0.01) earnings per share (EPS) for the quarter. Research analysts expect that Rupert Resources Ltd. will post -0.02 EPS for the current year.About Rupert Resources
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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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