Zargon Oil and Gas (ZAR) Sets New 52-Week Low at $0.03

Shares of Zargon Oil and Gas Ltd (TSE:ZAR) hit a new 52-week low on Friday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 33720 shares. The stock had previously closed at C$0.03.

The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 16.54. The company has a market capitalization of $18.39 million and a price-to-earnings ratio of -0.63.

Zargon Oil and Gas (TSE:ZAR) last issued its quarterly earnings data on Thursday, March 14th. The company reported C($0.93) earnings per share for the quarter. The company had revenue of C$4.77 million for the quarter. On average, equities analysts anticipate that Zargon Oil and Gas Ltd will post -0.365714285714286 earnings per share for the current fiscal year.

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Zargon Oil and Gas Company Profile (TSE:ZAR)

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd.

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