Zargon Oil & Gas (TSE:ZAR) Stock Passes Above 200 Day Moving Average of $0.00

Zargon Oil & Gas Ltd. (TSE:ZARGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.05. Zargon Oil & Gas shares last traded at C$0.05, with a volume of 88,197 shares traded.

Zargon Oil & Gas Trading Up 11.1 %

The company has a debt-to-equity ratio of 15.83, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a fifty day simple moving average of C$0.05. The company has a market cap of C$1.15 million and a price-to-earnings ratio of -0.03.

About Zargon Oil & Gas

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Zargon Oil & Gas Ltd. explores for, develops, and produces oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd.

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