Rupert Resources (CVE:RUP) Given New C$12.00 Price Target at Canaccord Genuity Group

Rupert Resources (CVE:RUP) had its price objective hoisted by Canaccord Genuity Group from C$10.25 to C$12.00 in a report released on Tuesday morning, BayStreet.CA reports.

Rupert Resources Stock Performance

RUP stock opened at C$4.52 on Tuesday. The company has a market capitalization of C$864.74 million and a P/E ratio of -94.17. The company has a 50-day simple moving average of C$4.52 and a 200 day simple moving average of C$4.52. Rupert Resources has a fifty-two week low of C$3.53 and a fifty-two week high of C$6.77. The company has a quick ratio of 10.54, a current ratio of 10.57 and a debt-to-equity ratio of 0.12.

Insider Buying and Selling

In other Rupert Resources news, Director William Albert Washington purchased 28,700 shares of the business’s stock in a transaction on Friday, February 23rd. The stock was bought at an average cost of C$3.00 per share, with a total value of C$86,025.38.

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.