Madalena Energy (CVE:MVN) Stock Price Crosses Below Two Hundred Day Moving Average of $0.08

Madalena Energy Inc (CVE:MVNGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

Madalena Energy Stock Down 5.9 %

The company has a debt-to-equity ratio of 17.24, a quick ratio of 0.53 and a current ratio of 0.84. The firm has a market cap of C$43.52 million and a price-to-earnings ratio of -26.67. The firm has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.08.

Madalena Energy Company Profile

(Get Free Report)

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.

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