Shares of Empyrean Energy Plc (LON:EME – Get Free Report) traded down 6% on Thursday . The stock traded as low as GBX 0.04 and last traded at GBX 0.05. Approximately 96,509,523 shares were traded during mid-day trading, an increase of 10% from the average session volume of 88,009,703 shares. The stock had previously closed at GBX 0.05.
Empyrean Energy Stock Performance
The company has a current ratio of 0.24, a quick ratio of 0.01 and a debt-to-equity ratio of -245.90. The stock has a fifty day moving average price of GBX 0.06 and a 200-day moving average price of GBX 0.06. The firm has a market capitalization of £2.69 million, a price-to-earnings ratio of -0.52 and a beta of 0.64.
About Empyrean Energy
Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100 kilometer square in the West Natuna Basin, Indonesia. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California.
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