Madalena Energy Inc (CVE:MVN – Get Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.08 and traded as low as C$0.08. Madalena Energy shares last traded at C$0.08, with a volume of 111,000 shares.
Madalena Energy Trading Down 5.9%
The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.08. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 17.24. The company has a market cap of C$43.52 million and a price-to-earnings ratio of -26.67.
Madalena Energy Company Profile
Madalena Energy Inc explores for, develops, and produces crude oil, natural gas liquids, and natural gas. It primarily holds interest in the Surubi Block covering an area of 90,824 acres located in the Northwest Basin, Argentina; Puesto Morales Block that covers an area of 59,671 acres located in the Neuquén Basin, Argentina; and Coiron Amargo Norte concession located in the Neuquén Basin of Argentina. The company was formerly known as Madalena Ventures Inc and changed its name to Madalena Energy Inc in August 2013.
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