Shares of Rupert Resources Ltd (CVE:RUP) hit a new 52-week low during trading on Friday . The company traded as low as C$0.75 and last traded at C$0.75, with a volume of 2500 shares changing hands. The stock had previously closed at C$0.77.
The firm has a market capitalization of $92.05 million and a price-to-earnings ratio of -15.96. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 32.68. The business’s fifty day moving average is C$0.84.
In other Rupert Resources news, insider Alan Douglas Brimacombe sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of C$0.92, for a total transaction of C$46,000.00. Following the completion of the sale, the insider now directly owns 19,635,900 shares of the company’s stock, valued at C$18,065,028. Over the last ninety days, insiders have sold 96,500 shares of company stock valued at $86,945.
Rupert Resources Ltd. engages in the acquisition and exploration of mineral properties in Finland. It primarily explores for gold deposits. The company owns Pahtavaara gold mine, mill, and exploration permits, as well as concessions comprising 124km2 land package that is located in the Central Lapland Greenstone Belt in Northern Finland; and a 100% interest in the Gold Centre property, which is located in the Balmer Township, Red Lake mining division of Ontario.
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