Empyrean Energy Plc (LON:EME – Get Free Report)’s share price shot up 19% during mid-day trading on Monday . The company traded as high as GBX 0.08 and last traded at GBX 0.07. Approximately 140,405,734 shares changed hands during mid-day trading, an increase of 62% from the average daily volume of 86,650,594 shares. The stock had previously closed at GBX 0.06.
Empyrean Energy Price Performance
The company has a debt-to-equity ratio of -245.90, a quick ratio of 0.01 and a current ratio of 0.24. The stock’s 50-day moving average is GBX 0.06 and its two-hundred day moving average is GBX 0.06. The stock has a market cap of £4.29 million, a PE ratio of -0.83 and a beta of 0.65.
Empyrean Energy Company Profile
Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100 kilometer square in the West Natuna Basin, Indonesia. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California.
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