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

Rubellite Energy Inc. (OTC:RUBLFGet Free Report)’s stock price traded up 1.2% during trading on Thursday . The stock traded as high as $1.27 and last traded at $1.27. 6,200 shares were traded during mid-day trading, a decline of 41% from the average session volume of 10,451 shares. The stock had previously closed at $1.25.

Rubellite Energy Price Performance

The company’s fifty day simple moving average is $1.43 and its two-hundred day simple moving average is $1.53.

Rubellite Energy Company Profile

(Get Free Report)

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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