Stampede Drilling Inc. (CVE:SDI – Get Free Report) rose 2.3% during mid-day trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.23. 33,500 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 146,791 shares. The stock had previously closed at C$0.22.
Stampede Drilling Stock Up 2.2%
The firm has a market capitalization of C$45.12 million, a price-to-earnings ratio of 11.50 and a beta of 0.29. The company has a quick ratio of 0.82, a current ratio of 1.23 and a debt-to-equity ratio of 21.85. The company’s 50 day moving average price is C$0.22 and its 200 day moving average price is C$0.18.
About Stampede Drilling
Stampede Drilling Inc provides oilfield services to the oil and natural gas industry in North America. It provides drilling rig services; and operates a fleet of telescopic double and triple drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019. Stampede Drilling Inc is headquartered in Calgary, Canada.
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