Petro Matad (OTCMKTS:PRTDF) Shares Cross Above 200 Day Moving Average of $0.05

Petro Matad Limited (OTCMKTS:PRTDFGet Rating)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.05 and traded as high as $0.08. Petro Matad shares last traded at $0.08, with a volume of 3,500 shares traded.

Petro Matad Stock Performance

The firm’s 50-day simple moving average is $0.06 and its 200-day simple moving average is $0.05.

About Petro Matad

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Petro Matad Ltd. is a holding company, which through its subsidiaries, engages in the oil exploration. Its operations include blocks IV and V, and block XX. The company was founded on August 30, 2007 and is headquartered in Ulaanbaatar, Mongolia.

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