Petroteq Energy (CVE:PQE) Shares Up 20%

Shares of Petroteq Energy Inc. (CVE:PQEGet Rating) shot up 20% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 248,040 shares changed hands during trading, a decline of 79% from the average session volume of 1,185,208 shares. The stock had previously closed at C$0.03.

Petroteq Energy Trading Up 20.0 %

The company has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.16. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.18 and a current ratio of 0.61. The stock has a market capitalization of C$23.84 million and a PE ratio of -1.20.

Petroteq Energy Company Profile

(Get Rating)

Petroteq Energy Inc, through its subsidiaries, engages in the oil sands mining and processing operations in the United States. It holds rights to mine, extract, and produce oil and associated hydrocarbons and minerals from oil sands containing heavy oil and bitumen under mineral leases covering approximately 1,671,91 acres in the Asphalt Ridge area of Utah, including 320 acres held under the TMC Mineral Lease and an additional 1,351.91 acres held under three Temple Mountain State of Utah's School and Institutional Trust Land Administration Leases.

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