Rugby Resources (CVE:RUG) Shares Up 25% – What’s Next?

Rugby Resources Ltd. (CVE:RUG)’s stock price rose 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 151,000 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 229,500 shares. The stock had previously closed at C$0.02.

Rugby Resources Price Performance

The company has a current ratio of 0.86, a quick ratio of 2.57 and a debt-to-equity ratio of 6.04. The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$6.33 million, a PE ratio of -2.00 and a beta of 1.89.

About Rugby Resources

Rugby Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Colombia, Argentina, Chile, Australia, and the Philippines. It primarily explores for gold, silver, and copper deposits. The company holds an interest in the Motherlode gold-copper project that covers an area of 878 hectares located to the south of Surigao City in Surigao del Norte province, the Philippines; 100% interest the Colombia gold project; 100% interest in the Cobrasco copper project that covers approximately 3,000 hectares located in the Choco Region of Colombia; and Georgetown project comprising various exploration permits totaling 849 square kilometers located in North Queensland, Australia.