East West Petroleum Corp. (CVE:EW – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 32000 shares. The stock had previously closed at C$0.07.
East West Petroleum Stock Performance
The stock has a market cap of C$7.17 million, a P/E ratio of 5.50 and a beta of 1.88. The stock’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.06.
About East West Petroleum
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania.
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