Rubellite Energy (TSE:RBY) Posts Earnings Results

Rubellite Energy (TSE:RBY) announced its quarterly earnings data on Monday. The company reported C$0.35 EPS for the quarter, FiscalAI reports. Rubellite Energy had a net margin of 3.70% and a return on equity of 2.51%. The firm had revenue of C$95.38 million during the quarter.

Rubellite Energy Price Performance

RBY stock opened at C$4.51 on Tuesday. The firm has a 50 day moving average of C$3.78 and a 200-day moving average of C$3.31. The company has a market cap of C$422.92 million, a price-to-earnings ratio of 56.37 and a beta of -0.87. The company has a current ratio of 0.38, a quick ratio of 1.21 and a debt-to-equity ratio of 40.97. Rubellite Energy has a 12-month low of C$2.05 and a 12-month high of C$4.73.

About Rubellite Energy

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.