XXL Energy (CVE:XL) Sets New 12-Month High – Still a Buy?

XXL Energy Corp. (CVE:XLGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.26 and last traded at C$0.26, with a volume of 7000 shares traded. The stock had previously closed at C$0.21.

XXL Energy Stock Up 23.8 %

The firm’s 50 day simple moving average is C$0.24 and its 200 day simple moving average is C$0.22. The company has a market cap of C$1.89 million and a price-to-earnings ratio of -0.26.

XXL Energy Company Profile

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XXL Energy Corp., a petroleum and natural gas company, acquires, explores, and develops petroleum and natural gas properties in the United States. It owns interests in the Green River Basin consists of natural gas wells and royalty interest wells located in Wyoming; the Williston Basin situated in North Dakota; the Pinedale Field owns working interest ranging from 18.75% to 21.25% in oil and gas located in the Warbonnet area of Sublette County, Wyoming; and the Piceance Basin located in Colorado.

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