Dxi Energy Inc (TSE:DXI)’s share price dropped 25% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, approximately 84,004 shares changed hands during trading. A decline of 3% from the average daily volume of 86,918 shares. The stock had previously closed at C$0.02.
The company has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The company has a debt-to-equity ratio of 2,080.63, a quick ratio of 0.04 and a current ratio of 0.19. The firm has a market capitalization of $5.06 million and a P/E ratio of -0.48.
Dxi Energy (TSE:DXI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$0.38 million during the quarter.
DXI Energy Inc acquires, explores for, and develops energy projects with a focus on oil and gas exploration in Canada and the United States. It holds interests in the Kokopelli project that covers an area of approximately 7,100 square miles with reserves of coal, oil shale, and natural gas located in Piceance Basin, Western Colorado; and Woodrush project consisting of 13,093 net acres situated in the Peace River Arch of British Columbia and Alberta.
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