East West Petroleum (CVE:EW) Hits New 52-Week Low at $0.05

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East West Petroleum Corp (CVE:EW) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 55000 shares traded. The stock had previously closed at C$0.06.

The stock has a market cap of $5.38 million and a PE ratio of -6.11. The stock has a fifty day simple moving average of C$0.06.

East West Petroleum Company Profile (CVE:EW)

East West Petroleum Corp. engages in the acquisition, exploration, development, and production of oil and gas properties primarily in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 4,079 square kilometres in Romania.

Read More: Straddles

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