Rupert Resources (OTCMKTS:RUPRF) Trading 2.6% Higher – Should You Buy?

Rupert Resources Ltd. (OTCMKTS:RUPRF)’s stock price shot up 2.6% during trading on Friday . The company traded as high as $4.37 and last traded at $4.3440. 8,252 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 36,727 shares. The stock had previously closed at $4.2340.

Analyst Ratings Changes

RUPRF has been the subject of several analyst reports. National Bankshares assumed coverage on Rupert Resources in a research note on Wednesday, October 22nd. They issued an “outperform” rating for the company. Scotiabank restated an “outperform” rating on shares of Rupert Resources in a report on Thursday, October 23rd. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Rupert Resources currently has an average rating of “Buy”.

Rupert Resources Stock Up 2.6%

The business has a fifty day moving average price of $4.12 and a 200 day moving average price of $3.88.

About Rupert Resources

Rupert Resources Ltd. engages in the acquisition and exploration of mineral properties in Finland. It primarily focuses on 100% owned Rupert Lapland Project Area including Ikkari discovery and Pahtavaara mine and mill covering an area of 595km2 located in Northern Finland. Rupert Resources Ltd. was incorporated in 1981 and is headquartered in Toronto, Canada.