Rubellite Energy (OTC:RUBLF) Trading Up 11.2% – Should You Buy?

Rubellite Energy Inc. (OTC:RUBLFGet Free Report) shares traded up 11.2% during trading on Thursday . The company traded as high as $1.40 and last traded at $1.39. 5,650 shares were traded during mid-day trading, a decline of 63% from the average session volume of 15,382 shares. The stock had previously closed at $1.25.

Rubellite Energy Price Performance

The firm has a 50-day moving average of $1.36 and a two-hundred day moving average of $1.48.

Rubellite Energy Company Profile

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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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