Madalena Energy (CVE:MVN) Reaches New 12-Month Low at $0.11

Madalena Energy Inc (CVE:MVN) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 134450 shares. The stock had previously closed at C$0.13.

The company has a current ratio of 0.83, a quick ratio of 0.61 and a debt-to-equity ratio of 5.15. The stock has a market capitalization of $65.29 million and a P/E ratio of -19.17.

Madalena Energy (CVE:MVN) last issued its quarterly earnings results on Tuesday, April 9th. The oil and gas exploration company reported C$0.01 EPS for the quarter. The business had revenue of C$11.22 million for the quarter. As a group, equities analysts anticipate that Madalena Energy Inc will post -0.01 EPS for the current year.

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About Madalena Energy (CVE:MVN)

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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