Vital Energy (CVE:VUX) Stock Price Down 40%

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Vital Energy Inc (CVE:VUX) shares were down 40% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, approximately 97,000 shares changed hands during mid-day trading. An increase of 96% from the average daily volume of 49,389 shares. The stock had previously closed at C$0.05.

The business has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.06. The company has a market capitalization of $2.47 million and a PE ratio of -7.50. The company has a debt-to-equity ratio of 25.99, a quick ratio of 0.64 and a current ratio of 0.66.

Vital Energy Company Profile (CVE:VUX)

Vital Energy Inc, a junior oil and gas company, engages in the exploration for, development, and production of oil and natural gas properties in Western Canada. The company develops light and medium gravity crude oil. It primarily operates and maintains a 50% working interest in the Gull Lake project that has six wells producing crude oil from the Roseray formation, and one well producing oil and gas from the Cantuar formation.

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