Empyrean Energy Plc (LON:EME – Get Free Report)’s share price rose 20% during mid-day trading on Tuesday . The stock traded as high as GBX 0.06 and last traded at GBX 0.06. Approximately 3,341,695 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 100,529,680 shares. The stock had previously closed at GBX 0.05.
Empyrean Energy Stock Performance
The company has a current ratio of 0.24, a quick ratio of 0.01 and a debt-to-equity ratio of -245.90. The company’s 50 day moving average is GBX 0.06 and its 200-day moving average is GBX 0.06. The company has a market capitalization of £3.09 million, a P/E ratio of -0.60 and a beta of 0.71.
About Empyrean Energy
Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100 kilometer square in the West Natuna Basin, Indonesia. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California.
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