BlackPearl Resources (TSE:PXX) Stock Price Down 3.7%

BlackPearl Resources Inc. (TSE:PXX) was down 3.7% on Monday . The stock traded as low as C$1.02 and last traded at C$1.03. Approximately 319,927 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 291,497 shares. The stock had previously closed at C$1.07.

BlackPearl Resources Trading Down 3.7 %

The stock has a market capitalization of C$347.38 million and a PE ratio of -41.20. The stock’s 50 day moving average is C$1.03. The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 19.57.

About BlackPearl Resources

BlackPearl Resources Inc engages in the acquisition, exploration, development, and production of heavy crude oil, bitumen, and natural gas in Canada. Its principal properties include the Blackrod oil sands project with oil sand leases and permits covering an area of approximately 44,581 net acres situated in the Blackrod area of northern Alberta; the Onion Lake oil property with an area of approximately 10,856 net acres located in Saskatchewan; and Mooney crude oil property with an area of approximately 20,160 net acres located in north-central Alberta.