Insider Selling: Rubellite Energy (TSE:RBY) Director Sells 33,528 Shares of Stock

Key Points

  • Director Ryan Shay executed an insider sale of 33,528 shares on March 26 at an average price of C$3.25 for C$108,966, leaving him with 525,660 shares valued at C$1,708,395 and representing a 6.00% decrease in his ownership.
  • RBY stock opened at C$3.64 with a market cap of C$340.68M and a P/E of 10.71; its 12‑month range is C$1.59–C$3.70 with 50/200‑day moving averages of C$2.83/C$2.52.
  • Rubellite Energy is a Canadian energy firm focused on Clearwater oil exploration and development using multi‑lateral horizontal drilling technology.

Rubellite Energy Inc. (TSE:RBY - Get Free Report) Director Ryan Shay sold 33,528 shares of the business's stock in a transaction dated Thursday, March 26th. The shares were sold at an average price of C$3.25, for a total value of C$108,966.00. Following the completion of the sale, the director owned 525,660 shares in the company, valued at C$1,708,395. This represents a 6.00% decrease in their ownership of the stock.

Rubellite Energy Stock Performance

Shares of RBY stock opened at C$3.64 on Tuesday. The stock has a market capitalization of C$340.68 million, a P/E ratio of 10.71 and a beta of 0.09. The firm's 50 day moving average is C$2.83 and its 200 day moving average is C$2.52. Rubellite Energy Inc. has a 12 month low of C$1.59 and a 12 month high of C$3.70. The company has a current ratio of 0.50, a quick ratio of 1.21 and a debt-to-equity ratio of 33.87.

About Rubellite Energy

(Get Free Report)

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

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