Eagleford Energy (OTCMKTS:GRUSF) Announces Quarterly Earnings Results

Eagleford Energy (OTCMKTS:GRUSF) posted its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. Eagleford Energy had a negative return on equity of 14.50% and a negative net margin of 8.79%.

Eagleford Energy Stock Down 10.8%

GRUSF stock traded down $0.04 during trading hours on Friday, hitting $0.34. The company’s stock had a trading volume of 10,600 shares, compared to its average volume of 169,002. The stock has a 50 day moving average price of $0.40 and a two-hundred day moving average price of $0.39. Eagleford Energy has a 12 month low of $0.27 and a 12 month high of $0.52. The company has a market capitalization of $84.27 million and a PE ratio of -17.00. The company has a quick ratio of 1.82, a current ratio of 2.59 and a debt-to-equity ratio of 0.45.

About Eagleford Energy

Eagleford Energy Corp. is an oil and natural gas exploration and development company associated with the Eagle Ford shale region of South Texas. The company’s activities have focused on identifying, acquiring and developing prospective oil and gas properties. The Eagle Ford formation is a significant hydrocarbon-producing area, and the company’s historical business strategy has centered on participating in exploration and production opportunities within this broader region. Its operations have involved evaluating acreage, potential drilling prospects and related energy assets rather than providing consumer products or services.