Rubellite Energy (OTC:RUBLF) Trading Down 7.1% – What’s Next?

Shares of Rubellite Energy Inc. (OTC:RUBLFGet Free Report) fell 7.1% during mid-day trading on Friday . The stock traded as low as $1.44 and last traded at $1.44. 602 shares were traded during trading, a decline of 89% from the average session volume of 5,614 shares. The stock had previously closed at $1.55.

Rubellite Energy Stock Performance

The business’s fifty day moving average price is $1.56 and its 200 day moving average price is $1.66.

About Rubellite Energy

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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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