Madalena Energy Inc (CVE:MVN – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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.
Madalena Energy Price Performance
The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 17.24. The stock has a market cap of C$43.52 million and a price-to-earnings ratio of -26.67. The company’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.08.
About Madalena Energy
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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