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1 Comment
New Times Energy Corporation Limited is currently in a long term uptrend where the price is trading 13.0% above its 200 day moving average.
From a valuation standpoint, the stock is 95.4% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.1.
New Times Energy Corporation Limited's total revenue rose by 14309.8% to $5B since the same quarter in the previous year.
Its net income has increased by 98.8% to $-28M since the same quarter in the previous year.
Finally, its free cash flow fell by 316.1% to $-62M since the same quarter in the previous year.
Based on the above factors, New Times Energy Corporation Limited gets an overall score of 4/5.
Exchange | HK |
---|---|
CurrencyCode | HKD |
ISIN | BMG6488Q1454 |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Beta | 0.43 |
---|---|
Market Cap | 402M |
PE Ratio | None |
Target Price | None |
Dividend Yield | None |
New Times Corporation Limited, an investment holding company, engages in exploration, development, and production of natural resources in Hong Kong, Canada, Mainland China, and Argentina. It operates in two segments, Upstream; and General and Commodities Refinery and Trading. The company explores, develops, produces, and sells oil and gas; refinery and trading of precious metals, such as gold, silver, and other non-ferrous metals, as well as petroleum-related products. It holds 800 active wells, spanning approximately 761,000 acres, located in the Western Canadian Sedimentary Basin; a 69.25% interest in the Tartagal Oriental and Morillo concessions located in the province of Salta; and 50% interest in the Los Blancos Concession covering an area of approximately 95 square kilometers located in the Province of Salta in Northern Argentina. The company was formerly known as New Times Energy Corporation Limited and changed its name to New Times Corporation Limited in August 2024. New Times Corporation Limited was incorporated in 1998 and is headquartered in Central, Hong Kong. New Times Corporation Limited operates as a subsidiary of Max Sun Enterprises Limited.
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