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

Rupert Resources Ltd. (CVE:RUPGet Free Report)’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.

View Our Latest Stock Analysis on RUP

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

(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.

Further Reading

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