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

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

Rupert Resources Stock Performance

Shares of CVE RUP opened at C$4.52 on Thursday. The stock has a market cap of C$1.09 billion and a P/E ratio of -151.74. The firm has a 50 day moving average price of C$4.52 and a 200 day moving average price of C$4.52. Rupert Resources has a 52-week low of C$3.53 and a 52-week high of C$6.77.

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.