NEW YORK ( TheStreet) -- BPZ Resources (NYSE: BPZ) hit a new 52-week low Monday as it is currently trading at $3.01, below its previous 52-week high of $6.83 with 1.7 million shares traded as of 1:16 p.m. ET. Average volume has been 1.8 million shares over the past 30 days. BPZ has a market cap of $413 million and is part of the basic materials sector and energy industry. Shares are down 30% year to date as of the close of trading on Friday. BPZ Resources, Inc. engages in the exploration, development, and production of oil and natural gas in Peru and Ecuador.
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