Shares of Oyster Oil and Gas Ltd (CVE:OY) hit a new 52-week low on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.04.
The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 12.61.
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Oyster Oil and Gas Ltd., an upstream oil and gas company, engages in the acquisition, exploration, and development of oil and gas interests in East Africa. It holds a 100% interest in 4 onshore and offshore blocks covering an area of approximately 3.5 million acres in the Republic of Djibouti; and a working interest in an onshore Antsiranana Block 1101 situated in the Republic of Madagascar.
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