Rubellite Energy (TSE:RBY) Posts Quarterly Earnings Results

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

Rubellite Energy Price Performance

TSE RBY opened at C$4.44 on Wednesday. Rubellite Energy has a 1 year low of C$2.05 and a 1 year high of C$4.73. The business’s fifty day moving average is C$3.80 and its two-hundred day moving average is C$3.32. The stock has a market capitalization of C$416.36 million, a P/E ratio of 55.50 and a beta of -0.87. The company has a debt-to-equity ratio of 40.97, a quick ratio of 1.21 and a current ratio of 0.38.

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.