Shares of Petro Matad Limited (OTCMKTS:PRTDF – Get Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.04 and traded as high as $0.08. Petro Matad shares last traded at $0.08, with a volume of 200 shares changing hands.
Petro Matad Price Performance
The company has a 50-day moving average of $0.04 and a 200-day moving average of $0.04.
About Petro Matad
Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 218 square kilometers in Mongolia.
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