Zargon Oil and Gas (TSE:ZAR) Hits New 52-Week Low at $0.10

Shares of Zargon Oil and Gas Ltd (TSE:ZAR) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 58000 shares traded. The stock had previously closed at C$0.10.

The stock has a market capitalization of $2.99 million and a PE ratio of -0.33. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 16.37. The business’s 50-day moving average is C$0.17 and its two-hundred day moving average is C$0.25.

Zargon Oil and Gas Company Profile (TSE:ZAR)

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd.

Read More: Why do companies engage in swaps?

Receive News & Ratings for Zargon Oil and Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zargon Oil and Gas and related companies with MarketBeat.com's FREE daily email newsletter.