Rupert Resources (CVE:RUP) Stock Price Down 2% – Time to Sell?

Rupert Resources Ltd. (CVE:RUP)’s stock price dropped 2% on Monday . The company traded as low as C$4.50 and last traded at C$4.52. Approximately 30,205 shares were traded during mid-day 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 Stock Performance

The company has a market capitalization of C$864.74 million and a P/E ratio of -94.17. The company’s 50 day moving average is C$4.52 and its 200-day moving average is C$4.52. The company has a current ratio of 10.57, a quick ratio of 10.54 and a debt-to-equity ratio of 0.12.

Insiders Place Their Bets

In other Rupert Resources news, Senior Officer Jeffrey Laszlo Karoly sold 75,000 shares of Rupert Resources stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of C$4.05, for a total transaction of C$303,750.00.

About Rupert Resources

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.