BMO Capital Markets Raises Rupert Resources (CVE:RUP) Price Target to C$10.00

Rupert Resources (CVE:RUP) had its price objective boosted by BMO Capital Markets from C$6.50 to C$10.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

CVE:RUP opened at C$5.41 on Tuesday. The company has a current ratio of 5.32, a quick ratio of 5.24 and a debt-to-equity ratio of 1.40. The stock has a fifty day simple moving average of C$5.66 and a 200-day simple moving average of C$5.02. The company has a market cap of C$941.70 million and a price-to-earnings ratio of -102.26. Rupert Resources has a twelve month low of C$3.30 and a twelve month high of C$6.20.

Rupert Resources (CVE:RUP) last released its quarterly earnings data on Friday, July 30th. The company reported C($0.01) earnings per share for the quarter. As a group, equities research analysts predict that Rupert Resources will post -0.04 EPS for the current fiscal year.

Rupert Resources Company Profile

Rupert Resources Ltd. engages in the acquisition and exploration of mineral properties in Finland. The company primarily explores for gold deposits. Its principle projects include the Pahtavaara gold mine, mill, and exploration permits, as well as concessions comprising 509 square kilometers land package that is located in the Central Lapland Greenstone Belt in Northern Finland; and the Hirsikangas gold deposit that is located in Central Finland.

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