Valeura Energy (TSE:VLE) Trading Up 20.9%
Valeura Energy Inc. (TSE:VLE)’s stock price was up 20.9% during mid-day trading on Friday . The stock traded as high as C$2.80 and last traded at C$2.78. Approximately 351,193 shares were traded during mid-day trading, an increase of 59% from the average daily volume of 220,925 shares. The stock had previously closed at C$2.30.
The company has a debt-to-equity ratio of 0.14, a current ratio of 4.11 and a quick ratio of 4.02. The company has a market cap of $240.71 million and a PE ratio of -30.89.
Valeura Energy (TSE:VLE) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C($0.04) earnings per share (EPS) for the quarter. The company had revenue of C$3.88 million during the quarter. Equities analysts predict that Valeura Energy Inc. will post -0.08 EPS for the current year.
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Valeura Energy Inc engages in the exploration, development, and production of petroleum and natural gas properties in Turkey. The company has interests in various oil and gas properties primarily located in the Thrace Basin located in northwest Turkey. As of December 31, 2017, it had interests in 91 gross producing wells.
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