Petro Matad Limited (LON:MATD – Get Free Report)’s share price traded up 9.4% during mid-day trading on Monday . The company traded as high as GBX 3.07 ($0.04) and last traded at GBX 2.98 ($0.04). 39,317,969 shares traded hands during trading, an increase of 274% from the average session volume of 10,513,720 shares. The stock had previously closed at GBX 2.72 ($0.03).
Petro Matad Trading Up 14.0 %
The company has a market capitalization of £34.41 million, a price-to-earnings ratio of -15.50 and a beta of 2.01. The business has a fifty day moving average price of GBX 3.29 and a 200 day moving average price of GBX 3.55. The company has a debt-to-equity ratio of 0.03, a current ratio of 28.92 and a quick ratio of 16.91.
Petro Matad Company Profile
Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 218 square kilometers in Mongolia.
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