Zargon Oil & Gas Ltd. (TSE:ZAR – Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$0.05. Zargon Oil & Gas shares last traded at C$0.05, with a volume of 88,197 shares.
Zargon Oil & Gas Stock Performance
The company has a debt-to-equity ratio of 15.83, a current ratio of 0.40 and a quick ratio of 0.40. The stock has a market cap of C$1.15 million and a price-to-earnings ratio of -0.03. The company’s 50 day moving average price is C$0.05.
About Zargon Oil & Gas
Zargon Oil & Gas Ltd. explores for, develops, and produces oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd.
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