Vital Energy (CVE:VUX) Trading Up 33.3%

Vital Energy Inc (CVE:VUX)’s share price traded up 33.3% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08, 380,000 shares were traded during trading. An increase of 527% from the average session volume of 60,611 shares. The stock had previously closed at C$0.06.

The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 25.99. The firm has a market cap of $3.63 million and a P/E ratio of -8.00. The company’s fifty day moving average is C$0.05.

About Vital Energy (CVE:VUX)

Vital Energy Inc, a junior oil and gas company, engages in the exploration for, development, and production of oil and natural gas properties in Western Canada. The company develops light and medium gravity crude oil. It primarily operates and maintains a 50% working interest in the Gull Lake project that has six wells producing crude oil from the Roseray formation, and one well producing oil and gas from the Cantuar formation.

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