Rupert Resources (CVE:RUP) Shares Down 2% – Here’s What Happened

Rupert Resources Ltd. (CVE:RUP)’s share price fell 2% during mid-day trading on Thursday . The stock traded as low as C$4.50 and last traded at C$4.52. 30,205 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.

Analyst Ratings Changes

Separately, BMO Capital Markets dropped their target price on shares of Rupert Resources from C$12.00 to C$8.00 in a research report on Thursday, February 20th.

Rupert Resources Trading Down 2.0 %

The stock has a market capitalization of C$1.09 billion and a P/E ratio of -151.74. The stock’s fifty day moving average price is C$4.52 and its two-hundred day moving average price is C$4.52.

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.