Shares of Vital Energy Inc. (CVE:VUX – Get Free Report) dropped 7.5% during mid-day trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. Approximately 37,100 shares traded hands during trading, an increase of 45% from the average daily volume of 25,507 shares. The stock had previously closed at C$0.20.
Vital Energy Stock Down 7.5 %
The company has a quick ratio of 1.30, a current ratio of 0.54 and a debt-to-equity ratio of 64.87. The company has a market cap of C$15.30 million, a P/E ratio of -4.63 and a beta of 0.47. The business’s 50 day moving average is C$0.24 and its 200 day moving average is C$0.25.
About Vital Energy
Vital Energy Inc, a junior oil and gas company, engages in the acquisition, exploration, and development of crude oil and natural gas in Western Canada. The company holds interest in the Gull Lake and Pennant projects located in the SW Saskatchewan area; Sullivan Lake and Baxter Lake projects located in the East Central Alberta area; the Pembina property and the Ante Creek property located in the West Central Alberta area; and Lampman and Steelman projects located in the SE Saskatchewan.
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