Leucrotta Exploration (CVE:LXE) Shares Down 16.7% – Here’s Why

Leucrotta Exploration Inc. (CVE:LXE – Get Free Report)’s stock price traded down 16.7% on Wednesday. The stock traded as low as C$0.19 and last traded at C$0.20. Approximately 193,314 shares changed hands during mid-day trading, an increase of 255% from the average daily volume of 54,523 shares. The stock had previously closed at C$0.24.

Leucrotta Exploration Stock Performance

The firm’s 50 day moving average price is C$0.20 and its two-hundred day moving average price is C$0.18. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.34 and a current ratio of 4.54. The firm has a market cap of C$9.17 million, a PE ratio of 0.50, a PEG ratio of 0.11 and a beta of 2.72.

Leucrotta Exploration Company Profile

(Get Free Report)

Leucrotta Exploration Inc, an oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas reserves in northeastern British Columbia, Canada. As of December 31, 2021, it owned approximately 213,000 net acres of land. The company was incorporated in 2014 and is based in Calgary, Canada.

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