Alvopetro Energy (ALV) Reaches New 12-Month High at $0.65
Alvopetro Energy Ltd (CVE:ALV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.65 and last traded at C$0.65, with a volume of 10940 shares changing hands. The stock had previously closed at C$0.64.
The company has a quick ratio of 1.47, a current ratio of 1.62 and a debt-to-equity ratio of 0.35. The stock has a market cap of $61.82 million and a PE ratio of -12.80.
Alvopetro Energy (CVE:ALV) last posted its quarterly earnings results on Thursday, March 21st. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$0.08 million during the quarter. As a group, analysts anticipate that Alvopetro Energy Ltd will post 0.07 earnings per share for the current fiscal year.
Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons in the Recôncavo basins in onshore Brazil. The company holds interests in the Caburé and Gomo natural gas assets; two oil fields, including Bom Lugar and Mãe-da-lua; and seven other exploration assets comprising 65,151 gross acres in the Recôncavo basin onshore Brazil.
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