New Zealand Energy Corp. (CVE:NZ – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.41 and last traded at C$0.41, with a volume of 13140 shares traded. The stock had previously closed at C$0.44.
New Zealand Energy Stock Performance
The company has a market cap of C$5.02 million, a price-to-earnings ratio of -1.46 and a beta of 2.71. The company has a debt-to-equity ratio of 41.83, a current ratio of 3.36 and a quick ratio of 0.45. The stock has a 50-day moving average price of C$0.79 and a 200 day moving average price of C$0.79.
New Zealand Energy Company Profile
New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit.
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