New Zealand Energy Corp. (CVE:NZ – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.67 and last traded at C$0.60, with a volume of 228803 shares trading hands. The stock had previously closed at C$0.60.
New Zealand Energy Price Performance
The firm has a market capitalization of C$33.52 million, a PE ratio of -1.30 and a beta of 3.12. The stock’s 50 day simple moving average is C$0.41 and its two-hundred day simple moving average is C$0.31. The company has a debt-to-equity ratio of 41.83, a quick ratio of 0.45 and a current ratio of 3.36.
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. It also operates midstream assets. The company was founded in 2010 and is based in New Plymouth, New Zealand.
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