SDX Energy (SDX) Shares Down 24.1%

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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.

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About SDX Energy (CVE:SDX)

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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