Shares of Marksmen Energy Inc (CVE:MAH) traded down 7.7% on Friday . The company traded as low as C$0.06 and last traded at C$0.06, 25,000 shares traded hands during mid-day trading. A decline of 44% from the average session volume of 44,844 shares. The stock had previously closed at C$0.07.

The business has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07. The company has a quick ratio of 0.57, a current ratio of 0.68 and a debt-to-equity ratio of 25.49. The company has a market cap of $4.17 million and a P/E ratio of -6.67.

About Marksmen Energy (CVE:MAH)

Marksmen Energy Inc engages in the exploration, development, and production of petroleum and natural gas in Ohio, United States and Alberta, Canada. It holds working interests in various wells located in south-central Ohio. The company was formerly known as Marksmen Resources Ltd. and changed its name to Marksmen Energy Inc in August 2010.

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