Rubicon Minerals (TSE:RMX) Stock Price Down 4.3% – Here’s What Happened

Rubicon Minerals Corp. (TSE:RMX) shares fell 4.3% during trading on Monday . The company traded as low as C$1.79 and last traded at C$1.79. 363,390 shares changed hands during mid-day trading, an increase of 136% from the average session volume of 153,856 shares. The stock had previously closed at C$1.87.

Rubicon Minerals Stock Performance

The stock’s 50 day moving average price is C$1.79. The company has a debt-to-equity ratio of 90.95, a quick ratio of 1.10 and a current ratio of 1.17. The company has a market cap of C$171.49 million and a price-to-earnings ratio of -6.91.

About Rubicon Minerals

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.