Zargon Oil and Gas (ZAR) Sets New 52-Week Low at $0.03

Zargon Oil and Gas Ltd (TSE:ZAR)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 49000 shares trading hands. The stock had previously closed at C$0.04.

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 244.00. The company has a market cap of $1.08 million and a price-to-earnings ratio of -0.09.

Zargon Oil and Gas (TSE:ZAR) last issued its quarterly earnings data on Tuesday, November 13th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$10.17 million during the quarter. Equities analysts forecast that Zargon Oil and Gas Ltd will post -0.365714285714286 EPS for the current year.

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Zargon Oil and Gas Company Profile (TSE:ZAR)

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. As of February 12, 2018, the company had proved and probable reserves of 12.45 mmboe.

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