Empyrean Energy Plc (LON:EME – Get Free Report) shares fell 15.7% on Wednesday . The stock traded as low as GBX 0.07 and last traded at GBX 0.07. 154,737,250 shares were traded during mid-day trading, an increase of 68% from the average session volume of 92,164,547 shares. The stock had previously closed at GBX 0.08.
Empyrean Energy Price Performance
The company has a debt-to-equity ratio of -245.90, a quick ratio of 0.01 and a current ratio of 0.24. The company has a market capitalization of £4.00 million, a P/E ratio of -0.78 and a beta of 0.65. The firm’s fifty day moving average is GBX 0.06 and its 200 day moving average is GBX 0.06.
About Empyrean Energy
Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100 kilometer square in the West Natuna Basin, Indonesia. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California.
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