Rupert Resources (CVE:RUP) Shares Down 2% – What’s Next?

Rupert Resources Ltd. (CVE:RUP) fell 2% during mid-day trading on Tuesday . The stock traded as low as C$4.50 and last traded at C$4.52. 30,205 shares traded hands during mid-day 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 Price Performance

The company has a market capitalization of C$1.09 billion and a P/E ratio of -151.74. The company has a 50 day moving average of C$4.52 and a 200-day moving average of C$4.52.

Insider Activity

In other Rupert Resources news, Director Graham John Crew bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 26th. The shares were bought at an average cost of C$4.85 per share, with a total value of C$97,000.00. Also, Director Jukka Sakari Nieminen sold 300,000 shares of the firm’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of C$5.05, for a total value of C$1,515,000.00.

Rupert Resources Company Profile

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.