Permex Petroleum (OTCMKTS:OILCF) Posts Earnings Results

Permex Petroleum (OTCMKTS:OILCF) posted its quarterly earnings data on Tuesday. The company reported ($2.85) earnings per share for the quarter, Zacks reports. Permex Petroleum had a negative net margin of 1,445.39% and a negative return on equity of 49.50%.

Permex Petroleum Stock Performance

Permex Petroleum stock opened at $3.00 on Wednesday. Permex Petroleum has a 1 year low of $0.02 and a 1 year high of $5.32. The firm’s 50-day moving average is $2.15 and its 200-day moving average is $3.18.

About Permex Petroleum

Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. The company holds interests in the Pittcock North property, Pittcock South property, Windy Jones property, and Mary Bullard property located in Stonewall County.