Rubellite Energy (OTC:RUBLF) Shares Up 1.2% – Here’s Why

Rubellite Energy Inc. (OTC:RUBLFGet Free Report) shares shot up 1.2% on Thursday . The stock traded as high as $1.27 and last traded at $1.27. 6,200 shares traded hands during trading, a decline of 41% from the average session volume of 10,451 shares. The stock had previously closed at $1.25.

Rubellite Energy Price Performance

The stock’s fifty day moving average price is $1.43 and its 200-day moving average price is $1.53.

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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