Madalena Energy Inc (CVE:MVN – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.08 and traded as high as C$0.08. Madalena Energy shares last traded at C$0.08, with a volume of 111,000 shares trading hands.
Madalena Energy Price Performance
The stock has a market cap of C$43.52 million and a price-to-earnings ratio of -26.67. 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’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.08.
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.
Recommended Stories
- Five stocks we like better than Madalena Energy
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- Your Bank Account Is No Longer Safe
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
Receive News & Ratings for Madalena Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Madalena Energy and related companies with MarketBeat.com's FREE daily email newsletter.
