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

by · The Cerbat Gem

Rupert Resources Ltd. (CVE:RUP – Get Free Report) shares dropped 2% during trading on Monday . The stock traded as low as C$4.50 and last traded at C$4.52. Approximately 30,205 shares were traded during trading, a decline of 52% from the average daily volume of 63,094 shares. The stock had previously closed at C$4.61.

Rupert Resources Price Performance

The stock has a 50 day moving average price of C$4.52 and a two-hundred day moving average price of C$4.52. The firm has a market capitalization 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 Transactions at Rupert Resources

In other Rupert Resources news, Director James Withall sold 487,500 shares of the stock in a transaction dated 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. Also, Senior Officer Jeffrey Laszlo Karoly sold 23,388 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$3.53, for a total transaction of C$82,559.64. Over the last quarter, insiders have sold 823,850 shares of company stock valued at $3,265,078.

About Rupert Resources

(Get Free Report)

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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