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Lycos Energy (CVE:LCX) Trading Up 0.6% - Still a Buy?

Lycos Energy logo with Energy background

Lycos Energy Inc. (CVE:LCX - Get Free Report) was up 0.6% during trading on Thursday . The company traded as high as C$1.96 and last traded at C$1.74. Approximately 23,397 shares were traded during trading, a decline of 64% from the average daily volume of 65,238 shares. The stock had previously closed at C$1.73.

Lycos Energy Stock Performance

The firm has a market cap of C$86.73 million and a price-to-earnings ratio of 8.58. The business's 50 day moving average price is C$1.82 and its 200 day moving average price is C$2.26.

About Lycos Energy

(Get Free Report)

Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.

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