Rubellite Energy (OTC:RUBLF) Trading 1.2% Higher – Time to Buy?

Rubellite Energy Inc. (OTC:RUBLFGet Free Report)’s stock price traded up 1.2% during trading on Monday . The company traded as high as $1.74 and last traded at $1.74. 20,200 shares traded hands during trading, an increase of 99% from the average session volume of 10,128 shares. The stock had previously closed at $1.72.

Rubellite Energy Price Performance

The firm’s 50-day moving average is $1.67 and its 200 day moving average is $1.55.

Rubellite Energy Company Profile

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Rubellite Energy Inc, an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company operates in the Figure Lake area located in southwest of Lac La Biche, Alberta; the Marten Hills area is located in the northeast of Slave Lake; and the Ukalta area is located in the northeast of Edmonton, Alberta.

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