Rugby Mining (CVE:RUG) Hits New 12-Month Low at $0.12

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Rugby Mining Ltd (CVE:RUG) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 27000 shares changing hands. The stock had previously closed at C$0.13.

The stock has a 50-day simple moving average of C$0.18 and a 200-day simple moving average of C$0.18. The company has a market capitalization of $13.81 million and a price-to-earnings ratio of -3.67.

About Rugby Mining (CVE:RUG)

Rugby Mining Limited, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Australia, Colombia, and the Philippines. It primarily explores for gold, silver, and copper deposits. The company holds a 100% interest in the Cobrasco Porphyry Copper project, which covers an area of 3,000 hectares located to the southwest of Medellin in the Choco Region, Colombia.

Further Reading: Mutual Funds

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