Rupert Resources (CVE:RUP) Stock Price Down 2% – Time to Sell?

Rupert Resources Ltd. (CVE:RUP)’s stock price dropped 2% during mid-day trading on Monday . The company traded as low as C$4.50 and last traded at C$4.52. Approximately 30,205 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 63,094 shares. The stock had previously closed at C$4.61.

Rupert Resources Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 10.57 and a quick ratio of 10.54. The stock has a 50 day moving average price of C$4.52 and a 200-day moving average price of C$4.52. The stock has a market capitalization of C$864.74 million and a price-to-earnings ratio of -94.17.

Insider Buying and Selling

In other Rupert Resources news, Senior Officer Jeffrey Laszlo Karoly sold 75,000 shares of Rupert Resources stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of C$4.05, for a total value of C$303,750.00. Also, Director James Withall sold 487,500 shares of Rupert Resources stock in a transaction on Thursday, September 5th. The shares were sold at an average price of C$4.02, for a total value of C$1,959,750.00. Over the last 90 days, insiders have sold 823,850 shares of company stock worth $3,265,078.

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.