Marksmen Energy (CVE:MAH) Sets New 52-Week Low – Time to Sell?

Marksmen Energy Inc. (CVE:MAHGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 40000 shares changing hands. The stock had previously closed at C$0.01.

Marksmen Energy Trading Down 50.0%

The company has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The stock has a market cap of C$1.06 million, a P/E ratio of -0.50 and a beta of 1.75. The company has a current ratio of 0.09, a quick ratio of 0.37 and a debt-to-equity ratio of 35.79.

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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