BlackPearl Resources (TSE:PXX) Stock Passes Above Two Hundred Day Moving Average of $0.00

BlackPearl Resources Inc. (TSE:PXXGet Rating) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$1.10. BlackPearl Resources shares last traded at C$1.03, with a volume of 319,927 shares.

BlackPearl Resources Price Performance

The stock has a 50-day moving average price of C$1.03. The company has a current ratio of 0.38, a quick ratio of 0.35 and a debt-to-equity ratio of 19.57. The stock has a market capitalization of C$347.38 million and a price-to-earnings ratio of -41.20.

About BlackPearl Resources

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BlackPearl Resources Inc engages in the acquisition, exploration, development, and production of heavy crude oil, bitumen, and natural gas in Canada. Its principal properties include the Blackrod oil sands project with oil sand leases and permits covering an area of approximately 44,581 net acres situated in the Blackrod area of northern Alberta; the Onion Lake oil property with an area of approximately 10,856 net acres located in Saskatchewan; and Mooney crude oil property with an area of approximately 20,160 net acres located in north-central Alberta.

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