Cequence Energy Ltd (TSE:CQE) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.34 and last traded at C$0.34, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.38.
The company has a debt-to-equity ratio of 40.81, a current ratio of 0.66 and a quick ratio of 0.63. The firm has a market capitalization of $93.30 million and a PE ratio of -0.65. The company’s 50 day moving average is C$0.42.
Cequence Energy Company Profile (TSE:CQE)
Cequence Energy Ltd. engages in the exploration for and the development of oil and natural gas reserves in Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd. and changed its name to Cequence Energy Ltd.
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