Atb Cap Markets Brokers Boost Earnings Estimates for TSE:RBY

Rubellite Energy Inc. (TSE:RBY) – Stock analysts at Atb Cap Markets boosted their Q1 2025 earnings per share estimates for shares of Rubellite Energy in a report issued on Tuesday, March 11th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.15 per share for the quarter, up from their previous estimate of $0.13. Atb Cap Markets also issued estimates for Rubellite Energy’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.43 EPS and FY2026 earnings at $0.33 EPS.

Separately, BMO Capital Markets lowered their target price on shares of Rubellite Energy from C$4.00 to C$3.00 in a research report on Friday, December 13th.

Rubellite Energy Trading Down 3.7 %

RBY opened at C$1.82 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 0.46 and a debt-to-equity ratio of 38.92. Rubellite Energy has a 52 week low of C$1.70 and a 52 week high of C$2.93. The business’s 50 day moving average is C$2.03 and its two-hundred day moving average is C$2.12. The firm has a market cap of C$165.82 million, a price-to-earnings ratio of 3.58 and a beta of 1.05.

Rubellite Energy Company Profile

Rubellite Energy Inc, an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company operates in the Figure Lake area located in southwest of Lac La Biche, Alberta; the Marten Hills area is located in the northeast of Slave Lake; and the Ukalta area is located in the northeast of Edmonton, Alberta.