Rugby Mining (CVE:RUG) Shares Up 17.2%

By Yvette Gomez

Shares of Rugby Mining Ltd (CVE:RUG) shot up 17.2% during trading on Thursday . The stock traded as high as C$0.17 and last traded at C$0.17. 15,000 shares were traded during trading, a decline of 41% from the average session volume of 25,595 shares. The stock had previously closed at C$0.15.

The stock has a market cap of $12.09 million and a P/E ratio of -5.48.

Rugby Mining Company Profile (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.

Source: Rockland Register

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