Delphi Energy Corp. (DEE.TO) (TSE:DEE) Shares Down 7.9% – Here’s What Happened

Delphi Energy Corp. (DEE.TO) (TSE:DEEGet Free Report)’s share price was down 7.9% during mid-day trading on Monday . The company traded as low as C$0.33 and last traded at C$0.35. Approximately 29,072 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 40,712 shares. The stock had previously closed at C$0.38.

Delphi Energy Corp. (DEE.TO) Price Performance

The firm has a market cap of C$8.41 million and a price-to-earnings ratio of -0.06. The firm’s 50 day moving average price is C$0.35. The company has a debt-to-equity ratio of 140.95, a current ratio of 1.01 and a quick ratio of 0.63.

About Delphi Energy Corp. (DEE.TO)

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Delphi Energy Corp., an oil and natural gas company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in Western Canada. The company primarily holds interests in the Bigstone Montney property located in the Deep Basin of Northwest Alberta. It distributes natural gas through Alliance pipeline system in Chicago.

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