Shares of Lycos Energy Inc. (CVE:LCX – Get Free Report) rose 4% during mid-day trading on Tuesday. The company traded as high as C$1.83 and last traded at C$1.82. Approximately 104,009 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 337,435 shares. The stock had previously closed at C$1.75.
Lycos Energy Trading Down 1.7%
The business’s fifty day moving average price is C$1.81 and its 200 day moving average price is C$1.85. The company has a market capitalization of C$224.15 million, a P/E ratio of 24.29 and a beta of 0.16.
Lycos Energy Company Profile
Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.
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