Shares of Painted Pony Energy Ltd. (OTCMKTS:PDPYF – Get Free Report) shot up 0.5% during mid-day trading on Tuesday. The company traded as high as $0.5176 and last traded at $0.5176. Approximately 35,200 shares were traded during trading, a decline of 49% from the average session volume of 68,935 shares. The stock had previously closed at $0.5150.
Painted Pony Energy Trading Up 0.5%
The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $0.52 and a 200-day moving average price of $0.52. The company has a market capitalization of $83.33 million, a price-to-earnings ratio of -0.21 and a beta of 3.98.
About Painted Pony Energy
Painted Pony Energy Ltd. was a Canadian oil and natural gas exploration and production company focused on developing unconventional resources in Western Canada. Its operations were concentrated in the Montney formation in northeastern British Columbia, where the company pursued the development of natural gas, natural gas liquids and associated petroleum reserves.
The company’s activities included acquiring mineral rights, drilling horizontal wells, producing hydrocarbons and developing related gathering and processing infrastructure.
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