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

Madalena Energy Inc (CVE:MVNGet Free Report) shares passed above its 200-day moving average during trading on Friday . 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 Stock Down 5.9 %

The company’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.08. 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 stock has a market cap of C$43.52 million and a PE ratio of -26.67.

About Madalena Energy

(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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