Shares of Permex Petroleum Co. (OTCMKTS:OILCF – Get Free Report) rose 1.4% during trading on Tuesday . The company traded as high as $2.31 and last traded at $2.23. Approximately 649 shares traded hands during mid-day trading, an increase of 57% from the average daily volume of 413 shares. The stock had previously closed at $2.20.
Permex Petroleum Price Performance
The stock has a market capitalization of $1.23 million, a price-to-earnings ratio of -0.24 and a beta of 2.29. The stock has a 50-day moving average of $1.24 and a 200 day moving average of $2.01.
Permex Petroleum (OTCMKTS:OILCF – Get Free Report) last issued its earnings results on Friday, February 14th. The company reported ($3.49) earnings per share (EPS) for the quarter. The business had revenue of $130 billion during the quarter. Permex Petroleum had a negative net margin of 2,719.47% and a negative return on equity of 105.23%.
Permex Petroleum Company Profile
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. The company holds interests in the Pittcock North property, Pittcock South property, Windy Jones property, and Mary Bullard property located in Stonewall County.
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