Leucrotta Exploration (CVE:LXE) Reaches New 52-Week Low – Should You Sell?

Shares of Leucrotta Exploration Inc. (CVE:LXE) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 1158 shares trading hands. The stock had previously closed at C$0.15.

Leucrotta Exploration Price Performance

The stock has a market capitalization of C$34.97 million, a P/E ratio of 0.33, a PEG ratio of 0.11 and a beta of 2.72. The company has a current ratio of 4.55, a quick ratio of 4.34 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of C$1.20 and a two-hundred day simple moving average of C$1.85.

Leucrotta Exploration Company Profile

Leucrotta Exploration Inc, an oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas reserves in northeastern British Columbia, Canada. As of December 31, 2021, it owned approximately 213,000 net acres of land. The company was incorporated in 2014 and is based in Calgary, Canada.