Marksmen Energy (CVE:MAH) Hits New 1-Year Low – Time to Sell?

Shares of Marksmen Energy Inc. (CVE:MAHGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 25000 shares trading hands. The stock had previously closed at C$0.01.

Marksmen Energy Stock Down 50.0%

The firm has a market cap of C$1.06 million, a P/E ratio of -0.58 and a beta of 1.62. The stock’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a debt-to-equity ratio of 35.79, a quick ratio of 0.37 and a current ratio of 0.09.

About Marksmen Energy

(Get Free Report)

Marksmen Energy Inc engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the United States and Canada. It holds a 75% interest in the Davis Holbrook oilfield property; and a 50% interest in Walker Sheets located in Pickaway County, Ohio. The company was formerly known as Marksmen Resources Ltd.

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