Empyrean Energy Plc (LON:EME – Get Free Report) was down 1.9% on Tuesday . The stock traded as low as GBX 0.05 and last traded at GBX 0.05. Approximately 49,962,863 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 95,502,711 shares. The stock had previously closed at GBX 0.05.
Empyrean Energy Price Performance
The company’s fifty day moving average is GBX 0.06 and its two-hundred day moving average is GBX 0.06. The firm has a market capitalization of £3.03 million, a price-to-earnings ratio of -0.59 and a beta of 0.66. The company has a quick ratio of 0.01, a current ratio of 0.24 and a debt-to-equity ratio of -245.90.
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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