Freestone Resources, Inc. (FSNR) Issues Earnings Results
Freestone Resources, Inc. (OTCMKTS:FSNR) released its earnings results on Tuesday. The energy company reported $0.00 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $0.32 million for the quarter.
Freestone Resources (OTCMKTS:FSNR) opened at $0.06 on Thursday. The company has a debt-to-equity ratio of -0.85, a quick ratio of 0.10 and a current ratio of 0.12. Freestone Resources has a 1-year low of $0.03 and a 1-year high of $0.11.
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About Freestone Resources
Freestone Resources, Inc is an oil and gas technology development company. The Company is engaged in developing and marketing technologies and solvents designed for various sectors in the oil and gas industry. Its products and services include Off-The-Road (OTR) Tire Services and Petrozene. Its Petrozene is used to dissolve paraffin buildup, and it is used for pipelines, oil storage tanks, oil sludge build up, de-emulsification, well treatment, as a corrosion inhibitor and as a catalyst in opening up formations thereby aiding in oil production.
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