Shares of New Zealand Energy Corp. (CVE:NZ – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.26 and last traded at C$0.26, with a volume of 55500 shares. The stock had previously closed at C$0.28.
New Zealand Energy Trading Down 7.1 %
The business’s 50 day simple moving average is C$0.73 and its 200-day simple moving average is C$0.78. The stock has a market capitalization of C$3.90 million, a P/E ratio of -1.13 and a beta of 2.71. The company has a debt-to-equity ratio of 41.83, a current ratio of 3.36 and a quick ratio of 0.45.
About New Zealand Energy
New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit.
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