TORC Oil & Gas Ltd. (TOG.TO) (TSE:TOG) Trading Down 3.3% – Here’s Why

Shares of TORC Oil & Gas Ltd. (TOG.TO) (TSE:TOG) fell 3.3% during trading on Monday . The company traded as low as C$3.10 and last traded at C$3.21. 2,108,072 shares were traded during trading, an increase of 96% from the average session volume of 1,076,714 shares. The stock had previously closed at C$3.32.

TORC Oil & Gas Ltd. (TOG.TO) Price Performance

The company has a quick ratio of 0.29, a current ratio of 0.30 and a debt-to-equity ratio of 70.55. The business has a 50-day simple moving average of C$3.21. The company has a market capitalization of C$714.58 million and a PE ratio of -0.72.

About TORC Oil & Gas Ltd. (TOG.TO)

TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company's principal properties are located in the southeast Saskatchewan area. TORC Oil & Gas Ltd. was founded in 2010 and is headquartered in Calgary, Canada.