Shares of Frontera Energy Corp (TSE:FEC) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$9.13 and last traded at C$9.29, with a volume of 42051 shares trading hands. The stock had previously closed at C$9.42.
Separately, Cormark boosted their price objective on Frontera Energy from C$19.00 to C$22.00 in a report on Tuesday, August 6th.
The company has a fifty day moving average of C$10.34 and a 200-day moving average of C$12.57. The firm has a market cap of $1.01 billion and a P/E ratio of 8.17. The company has a debt-to-equity ratio of 33.51, a current ratio of 1.23 and a quick ratio of 0.84.
About Frontera Energy (TSE:FEC)
Frontera Energy Corporation explores for, develops, and produces crude oil and natural gas in South America. As of December 31, 2018, it had total net proved and probable oil and gas reserves of 154.9 million barrels of oil equivalent; and interests in approximately 30 exploration and production blocks.
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