SDX Energy Inc (CVE:SDX)’s share price dropped 24.1% on Friday . The stock traded as low as C$0.43 and last traded at C$0.43. Approximately 113,881 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 109,940 shares. The stock had previously closed at C$0.56.
The company has a market cap of $104.41 million and a price-to-earnings ratio of 560.00.
SDX Energy (CVE:SDX) last released its quarterly earnings data on Friday, March 22nd. The company reported C($0.01) EPS for the quarter. The business had revenue of C$18.29 million for the quarter. As a group, equities research analysts anticipate that SDX Energy Inc will post 0.07 EPS for the current fiscal year.
SDX Energy Inc engages in the exploration, development, and production of oil and gas primarily in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds a 50% working interest in producing assets in the North West Gemsa and Meseda located onshore in the Eastern Desert, adjacent to the Gulf of Suez; 75% working interest in the Sebou concession situated in the Gharb Basin; and 12.75% working interest in development assets in the South Ramadan concession.
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