Permex Petroleum Co. (OTCMKTS:OILCF – Get Free Report) shot up 5% on Thursday . The company traded as high as $0.63 and last traded at $0.63. 100 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 437 shares. The stock had previously closed at $0.60.
Permex Petroleum Price Performance
The stock has a 50 day simple moving average of $2.60 and a two-hundred day simple moving average of $2.76. The company has a market cap of $347,760.00, a PE ratio of -0.07 and a beta of 2.37.
Permex Petroleum (OTCMKTS:OILCF – Get Free Report) last released its quarterly earnings results on Friday, February 14th. The company reported ($3.49) EPS for the quarter. Permex Petroleum had a negative return on equity of 105.23% and a negative net margin of 2,719.47%. The company had revenue of $130 billion for the quarter.
Permex Petroleum Company Profile
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. The company holds interests in the Pittcock North property, Pittcock South property, Windy Jones property, and Mary Bullard property located in Stonewall County.
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