Rubicon Minerals Corp. (TSE:RMX) shares were up 3.8% during mid-day trading on Friday . The company traded as high as C$1.65 and last traded at C$1.65. Approximately 7,150 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 15,676 shares. The stock had previously closed at C$1.59.

The stock’s 50-day moving average price is $1.56 and its 200-day moving average price is $1.64. The firm has a market capitalization of $93.21 million and a price-to-earnings ratio of 0.49.

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Rubicon Minerals Corp. Company Profile

Rubicon Minerals Corporation is an exploration-stage company. The Company owns the Phoenix gold project, located in the Red Lake gold district in northwestern Ontario, Canada. The Company’s segment is the mining business in North America. It also controls over 100 square miles of exploration ground in the Red Lake gold district and approximately 350 square miles of mineral property interests in the Long Canyon gold district that straddles the Nevada-Utah border in the United States.

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