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

Rupert Resources (CVE:RUP) had its price objective cut by BMO Capital Markets from C$12.00 to C$8.00 in a research note released on Thursday,BayStreet.CA reports.

Rupert Resources Price Performance

CVE RUP opened at C$4.52 on Thursday. The business has a fifty day moving average price of C$4.52 and a two-hundred day moving average price of C$4.52. Rupert Resources has a fifty-two week low of C$3.53 and a fifty-two week high of C$6.77. The stock has a market capitalization of C$1.09 billion and a PE 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.