New Zealand Energy (CVE:NZ) Sets New 12-Month Low at $0.10

New Zealand Energy Corp. (CVE:NZGet Rating)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 6000 shares changing hands. The stock had previously closed at C$0.12.

New Zealand Energy Price Performance

The firm has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.15. The company has a debt-to-equity ratio of 141.29, a current ratio of 0.49 and a quick ratio of 0.21. The firm has a market cap of C$2.21 million and a PE ratio of -3.71.

About New Zealand Energy

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New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. The company holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. It has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit.

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