Renaissance Oil (CVE:ROE) Stock Price Up 3.6%

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Renaissance Oil Corp (CVE:ROE)’s stock price rose 3.6% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15, approximately 39,650 shares changed hands during trading. A decline of 76% from the average daily volume of 165,764 shares. The stock had previously closed at C$0.14.

The company has a market cap of $42.05 million and a PE ratio of 145.00. The stock’s 50 day simple moving average is C$0.15. The company has a quick ratio of 2.04, a current ratio of 2.15 and a debt-to-equity ratio of 17.00.

About Renaissance Oil (CVE:ROE)

Renaissance Oil Corp. engages in the acquisition, exploration, and development of oil and gas properties in Canada and Mexico. It holds interests in the Mundo Nuevo block covering an area of 27.7 square kilometers; Topén block 0covering an area of 25.3 square kilometers; and Malva block covering an area of 21.2 square kilometers located in Chiapas, Mexico, as well as Pontón block covering an area of 12 square kilometers located in the state of Veracruz, Mexico.

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