Rubellite Energy (OTC:RUBLF) Shares Up 0.5% – Here’s Why

Rubellite Energy Inc. (OTC:RUBLFGet Free Report) shot up 0.5% on Monday . The company traded as high as $1.58 and last traded at $1.57. 7,400 shares were traded during mid-day trading, a decline of 34% from the average session volume of 11,176 shares. The stock had previously closed at $1.56.

Rubellite Energy Price Performance

The stock’s 50 day moving average is $1.57 and its two-hundred day moving average is $1.40.

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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