Rupert Resources (CVE:RUP) Price Target Lowered to C$8.00 at BMO Capital Markets

Rupert Resources (CVE:RUP) had its price objective cut by investment analysts at BMO Capital Markets from C$12.00 to C$8.00 in a research report issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 76.99% from the company’s current price.

Rupert Resources Stock Down 2.0 %

Shares of RUP stock traded down C$0.09 during trading on Thursday, reaching C$4.52. The company’s stock had a trading volume of 30,205 shares, compared to its average volume of 63,094. Rupert Resources has a one year low of C$3.53 and a one year high of C$6.77. The business has a fifty day moving average price of C$4.52 and a 200-day moving average price of C$4.52. The company has a market cap of C$1.09 billion and a price-to-earnings ratio of -151.74.

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.