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

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

BlackPearl Resources Price Performance

The company has a 50-day simple moving average of C$1.03. The company has a current ratio of 0.38, a quick ratio of 0.35 and a debt-to-equity ratio of 19.57. The company has a market capitalization of C$347.38 million and a P/E ratio of -41.20.

BlackPearl Resources Company Profile

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.