Dalmac Energy (CVE:DAL) Trading Up 200%

Dalmac Energy Inc (CVE:DAL)’s share price was up 200% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06, approximately 15,000 shares traded hands during trading. An increase of 9% from the average daily volume of 13,772 shares. The stock had previously closed at C$0.02.

The company has a quick ratio of 0.26, a current ratio of 0.32 and a debt-to-equity ratio of 492.39. The stock’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of $849,000.00 and a PE ratio of -0.66.

Dalmac Energy (CVE:DAL) last posted its earnings results on Friday, September 27th. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$3.63 million for the quarter.

About Dalmac Energy (CVE:DAL)

Dalmac Energy Inc provides well stimulation and fluid management services to the oil and natural gas industries in Alberta, Canada. The company engages in oilfield servicing, fluid hauling, chemical sales, rig moving, and tank rental activities. It offers various oil field services through pressure/pumper trucks, which deliver and inject methanol into lines and wells; hot oilers used to heat oil to dissolve wax build-up in wells and facilities that restrict the flow of oil and gas; and tank trucks used in conjunction with the hot oilers and pressure units, as well as for hauling oil and water to and from wells and facilities.

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