Zargon Oil and Gas (ZAR) Hits New 1-Year Low at $0.03
Zargon Oil and Gas Ltd (TSE:ZAR)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 17000 shares. The stock had previously closed at C$0.03.
The firm has a market capitalization of $13.79 million and a P/E ratio of -0.09. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 244.00.
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Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. As of February 12, 2018, the company had proved and probable reserves of 12.45 mmboe.
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