Post by
perdikaoilgas on Aug 27, 2015 3:07am
Q2 2015: Another Profitable Quarter with FREE CF
And QXP's profitable quarters continue despite the fact that ALL the other producers in North America lost money in Q2.
See also the fact that QXP had Positive Operating CF and FREE CF in Q2, although many other producers in the US and Canada have been burning cash during the last 6 months:
The Stockholder equity also jumped to almost C$26 million while the market cap now is below C$9 million bringing PBV = 0.33, although the company does not have any debt problems ! QXP's leverage is below 1 times!
https://www.stockhouse.com/news/press-releases/2015/08/26/quattro-releases-2nd-quarter-financials-reporting-net-earnings-of-0-04-per