Rubicon Minerals (TSE:RMX) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Rubicon Minerals Corp. (TSE:RMX)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$1.79 and traded as high as C$1.92. Rubicon Minerals shares last traded at C$1.79, with a volume of 363,390 shares traded.

Rubicon Minerals Stock Performance

The stock has a market cap of C$171.49 million and a PE ratio of -6.91. The company has a quick ratio of 1.10, a current ratio of 1.17 and a debt-to-equity ratio of 90.95. The firm has a 50 day simple moving average of C$1.79.

Rubicon Minerals Company Profile

Rubicon Minerals Corporation engages in the exploration and development of gold properties in Canada and the United States. The company holds a 100% interest in Phoenix Gold project located in the Red Lake gold district in northwestern Ontario, Canada. It also holds interests in approximately 285 square kilometers of exploration ground in the Red Lake gold district; and approximately 900 square kilometers of mineral property interests in the Long Canyon gold district in the Nevada-Utah border.