Rubellite Energy (OTC:RUBLF) Shares Up 3.2% – Here’s What Happened

Rubellite Energy Inc. (OTC:RUBLFGet Free Report)’s share price rose 3.2% during mid-day trading on Monday . The stock traded as high as $1.47 and last traded at $1.47. Approximately 13,630 shares were traded during mid-day trading, an increase of 129% from the average daily volume of 5,952 shares. The stock had previously closed at $1.42.

Rubellite Energy Stock Performance

The business’s 50-day moving average is $1.48 and its 200-day moving average is $1.62.

Rubellite Energy Company Profile

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Rubellite Energy Inc, an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company operates in the Figure Lake area located in southwest of Lac La Biche, Alberta; the Marten Hills area is located in the northeast of Slave Lake; and the Ukalta area is located in the northeast of Edmonton, Alberta.

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