National Bankshares Reiterates C$8.50 Price Target for Rupert Resources (CVE:RUP)

National Bankshares set a C$8.50 price target on Rupert Resources (CVE:RUP) in a research note issued to investors on Thursday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Rupert Resources Stock Down 2.0%

RUP stock opened at C$4.52 on Thursday. The firm has a market capitalization of C$1.09 billion and a PE ratio of -151.74. The stock’s 50 day moving average is C$4.52 and its 200-day moving average is C$4.52. Rupert Resources has a twelve month low of C$3.53 and a twelve month 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.