Rubellite Energy (OTC:RUBLF) Shares Up 3.2% – Should You Buy?

Rubellite Energy Inc. (OTC:RUBLFGet Free Report)’s stock price was up 3.2% during mid-day trading on Monday . The company traded as high as $1.47 and last traded at $1.47. Approximately 13,630 shares were traded during trading, an increase of 129% from the average daily volume of 5,952 shares. The stock had previously closed at $1.42.

Rubellite Energy Trading Up 3.2 %

The firm has a 50-day moving average of $1.48 and a 200 day moving average of $1.62.

About Rubellite Energy

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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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