Rubellite Energy (OTC:RUBLF) Stock Price Up 1.2% – Still a Buy?

Rubellite Energy Inc. (OTC:RUBLFGet Free Report)’s stock price rose 1.2% on Tuesday . The stock traded as high as $1.6740 and last traded at $1.64. Approximately 11,382 shares changed hands during trading, an increase of 13% from the average daily volume of 10,114 shares. The stock had previously closed at $1.62.

Rubellite Energy Stock Performance

The business has a 50 day moving average price of $1.70 and a 200-day moving average price of $1.60.

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. It also operates various parcels of lands in the Peavine, Dawson, Cadotte, and Cranberry Lake areas. The company was incorporated in 2021 and is headquartered in Calgary, Canada.

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