Hemisphere Energy (CVE:HME) Shares Up 6.7%

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Hemisphere Energy Corp (CVE:HME) was up 6.7% during mid-day trading on Friday . The stock traded as high as C$0.16 and last traded at C$0.16, approximately 4,500 shares were traded during mid-day trading. A decline of 94% from the average daily volume of 73,980 shares. The stock had previously closed at C$0.15.

The company has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.14. The company has a market cap of $13.82 million and a P/E ratio of 3.20. The company has a debt-to-equity ratio of 154.66, a current ratio of 0.76 and a quick ratio of 0.73.

Hemisphere Energy Company Profile (CVE:HME)

Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% working interest in 23,810 net acres of land in the Jenner area in southeastern Alberta; and a 100% working interest in 14,560 net acres of land in the Atlee Buffalo area in southeastern Alberta.

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