Shares of Greenfields Petroleum Co. (CVE:GNF – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.30 and traded as high as C$0.31. Greenfields Petroleum shares last traded at C$0.30, with a volume of 3,600 shares changing hands.
Greenfields Petroleum Stock Performance
The company has a debt-to-equity ratio of 64.88, a quick ratio of 0.09 and a current ratio of 0.11. The stock has a market capitalization of C$651,600.00 and a P/E ratio of -0.02. The business has a 50-day moving average price of C$0.30 and a 200 day moving average price of C$0.30.
About Greenfields Petroleum
Greenfields Petroleum Corporation, an oil and natural gas company, focuses on the development and production of proven oil and gas reserves primarily in the Republic of Azerbaijan. It holds interests in the Bahar project, which consists of the Bahar gas field, Gum Deniz oil field, and exploration area covering an area of approximately 76,500 acres of producing oil field and a gas field located in the shallow waters of the Caspian Sea. The company was founded in 2007 and is headquartered in The Woodlands, Texas.
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