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

Posted by Adam Masters on Nov 12th, 2024

Shares of Rupert Resources Ltd. (CVE:RUP – Get Free Report) fell 2% during trading on Monday . The stock traded as low as C$4.50 and last traded at C$4.52. 30,204 shares changed hands during trading, a decline of 52% from the average session volume of 63,094 shares. The stock had previously closed at C$4.61.

Rupert Resources Stock Down 2.0 %

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 market capitalization of C$864.74 million and a PE ratio of -94.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 10.54 and a current ratio of 10.57.

Insider Activity at Rupert Resources

In related news, Senior Officer Jeffrey Laszlo Karoly sold 23,388 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$3.53, for a total transaction of C$82,559.64. In other news, Director James Withall sold 76,712 shares of the 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 value of C$270,793.36. Also, Senior Officer Jeffrey Laszlo Karoly sold 23,388 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$3.53, for a total transaction of C$82,559.64. In the last ninety days, insiders have sold 823,850 shares of company stock valued at $3,265,078.

Rupert Resources Company Profile

(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.