Insider Buying: Rupert Resources Ltd. (CVE:RUP) Director Buys C$143,200.00 in Stock

Rupert Resources Ltd. (CVE:RUP) Director William Albert Washington acquired 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was acquired at an average price of C$3.58 per share, for a total transaction of C$143,200.00.

Rupert Resources Trading Down 2.0 %

Shares of RUP opened at C$4.52 on Friday. Rupert Resources Ltd. has a 1-year low of C$3.53 and a 1-year high of C$6.77. The company has a debt-to-equity ratio of 0.12, a current ratio of 10.57 and a quick ratio of 10.54. The firm has a 50 day simple moving average of C$4.52 and a 200-day simple moving average of C$4.52. The stock has a market cap of C$864.74 million and a price-to-earnings ratio of -94.17.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lifted their target price on shares of Rupert Resources from C$10.25 to C$12.00 in a research report on Tuesday, April 23rd.

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. is headquartered in Toronto, Canada.