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RBY Crosses Above Key Moving Average Level

By Market News Video Staff, Friday, May 27, 12:54 PM ET
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In trading on Friday, shares of Rubicon Minerals Corp (AMEX:RBY) crossed above their 200 day moving average of $4.72, changing hands as high as $4.83 per share. Rubicon Minerals Corp shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of RBY shares, versus its 200 day moving average:

Rubicon Minerals Corp 200 Day Moving Average Chart

Looking at the chart above, RBY's low point in its 52 week range is $3.10 per share, with $6.34 as the 52 week high point — that compares with a last trade of $4.88.

RBY operates in the Precious Metals sector, among companies like Gold Fields Ltd. (NYSE:GFI) which is off about 0.4% today, and IAMGold Corp (NYSE:IAG) trading up by about 1%. Below is a three month price history chart comparing the stock performance of RBY, versus GFI and IAG.

RBY,GFI,IAG Relative Performance Chart


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