Zargon Oil & Gas Ltd. (TSE:ZAR – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-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 Price Performance
The stock has a market capitalization of C$1.15 million and a price-to-earnings ratio of -0.03. The company has a debt-to-equity ratio of 15.83, a quick ratio of 0.40 and a current ratio of 0.40. The business’s 50-day simple moving average is C$0.05.
Zargon Oil & Gas Company Profile
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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