Altura Energy Inc (CVE:ATU) shares hit a new 52-week low on Tuesday . The company traded as low as C$0.33 and last traded at C$0.34, with a volume of 127700 shares changing hands. The stock had previously closed at C$0.37.
Separately, GMP Securities dropped their price objective on Altura Energy from C$0.75 to C$0.60 in a report on Friday, June 28th.
The business has a fifty day moving average of C$0.40. The stock has a market cap of $39.76 million and a PE ratio of 12.14. The company has a current ratio of 0.60, a quick ratio of 0.56 and a debt-to-equity ratio of 4.97.
About Altura Energy (CVE:ATU)
Altura Energy Inc engages in the exploration, development, and production of oil and natural gas in central Alberta. It holds interests in the oil producing units of the Leduc-Woodbend area located in Alberta. The company was formerly known as Northern Spirit Resources Inc and changed its name to Altura Energy Inc in October 2015.
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