Renaissance Oil Corp. (CVE:ROE – Get Free Report) shot up 3% during mid-day trading on Thursday . The company traded as high as C$0.51 and last traded at C$0.51. 1,991,062 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 1,292,922 shares. The stock had previously closed at C$0.50.
Renaissance Oil Trading Up 3.0 %
The company has a current ratio of 0.75, a quick ratio of 0.74 and a debt-to-equity ratio of 37.94. The firm has a market capitalization of C$190.57 million and a price-to-earnings ratio of -6.22. The firm’s 50-day moving average is C$0.51 and its 200 day moving average is C$0.51.
About Renaissance Oil
Renaissance Oil Corp., together with its subsidiaries, engages in the acquisition, development, and production of oil and gas properties in Mexico and Africa. It holds interests in the Mundo Nuevo block covering an area of 27.7 square kilometers; Topén block covering an area of 25.3 square kilometers; and Malva block, including an area of 21.2 square kilometers located in Chiapas, Mexico.
Featured Stories
- Five stocks we like better than Renaissance Oil
- Canadian Penny Stocks: Can They Make You Rich?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Golden Cross Stocks: Pattern, Examples and Charts
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- Short Selling – The Pros and Cons
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Renaissance Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renaissance Oil and related companies with MarketBeat.com's FREE daily email newsletter.
