Marksmen Energy (CVE:MAH) Reaches New 52-Week Low – Here’s Why

Marksmen Energy Inc. (CVE:MAHGet Free Report)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 9000 shares changing hands. The stock had previously closed at C$0.01.

Marksmen Energy Stock Down 50.0%

The company’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01. The stock has a market capitalization of C$1.06 million, a PE ratio of -0.58 and a beta of 1.62. The company has a current ratio of 0.09, a quick ratio of 0.37 and a debt-to-equity ratio of 35.79.

About Marksmen Energy

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Marksmen Energy Inc engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the United States and Canada. It holds a 75% interest in the Davis Holbrook oilfield property; and a 50% interest in Walker Sheets located in Pickaway County, Ohio. The company was formerly known as Marksmen Resources Ltd.

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