Shares of Permex Petroleum Co. (OTCMKTS:OILCF – Get Free Report) rose 5% during trading on Thursday . The stock traded as high as $0.63 and last traded at $0.63. Approximately 100 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 437 shares. The stock had previously closed at $0.60.
Permex Petroleum Stock Performance
The firm has a market cap of $347,760.00, a P/E ratio of -0.07 and a beta of 2.37. The firm’s fifty day simple moving average is $2.64 and its 200 day simple moving average is $2.79.
Permex Petroleum (OTCMKTS:OILCF – Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported ($3.49) earnings per share (EPS) for the quarter. The firm had revenue of $130 billion during the quarter. Permex Petroleum had a negative return on equity of 105.23% and a negative net margin of 2,719.47%.
About Permex Petroleum
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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