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

Rupert Resources Ltd. (CVE:RUP)’s share price traded down 2% during trading on Monday . The stock traded as low as C$4.50 and last traded at C$4.52. 30,204 shares were traded during mid-day trading, a decline of 52% from the average session volume of 63,094 shares. The stock had previously closed at C$4.61.

Rupert Resources Price Performance

The stock has a market capitalization of C$864.74 million and a price-to-earnings ratio of -94.17. The company has a 50 day moving average of C$4.52 and a 200 day moving average of C$4.52. 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 Activity at Rupert Resources

In related news, Senior Officer Jeffrey Laszlo Karoly sold 75,000 shares of the company’s 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. In other Rupert Resources news, Director James Withall sold 76,712 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of C$3.53, for a total transaction of C$270,793.36. Also, Senior Officer Jeffrey Laszlo Karoly sold 75,000 shares of the company’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of C$4.05, for a total value of C$303,750.00. Over the last ninety days, insiders 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.