Rubicon Minerals (TSE:RMX) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Rubicon Minerals Corp. (TSE:RMX)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.79 and traded as high as C$1.92. Rubicon Minerals shares last traded at C$1.79, with a volume of 363,390 shares.

Rubicon Minerals Stock Performance

The business has a 50-day moving average price of C$1.79. The company has a debt-to-equity ratio of 90.95, a current ratio of 1.17 and a quick ratio of 1.10. The firm has a market capitalization of C$171.49 million and a PE ratio of -6.91.

Rubicon Minerals Company Profile

Rubicon Minerals Corporation engages in the exploration and development of gold properties in Canada and the United States. The company holds a 100% interest in Phoenix Gold project located in the Red Lake gold district in northwestern Ontario, Canada. It also holds interests in approximately 285 square kilometers of exploration ground in the Red Lake gold district; and approximately 900 square kilometers of mineral property interests in the Long Canyon gold district in the Nevada-Utah border.