Pine Cliff Energy (OTCMKTS:PIFYF) Shares Down 2.4% – Here’s Why

Pine Cliff Energy Ltd. (OTCMKTS:PIFYFGet Free Report) shares were down 2.4% during trading on Tuesday . The stock traded as low as $0.62 and last traded at $0.62. Approximately 28,975 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 86,997 shares. The stock had previously closed at $0.6350.

Pine Cliff Energy Price Performance

The company has a 50-day moving average price of $0.57 and a 200-day moving average price of $0.50.

Pine Cliff Energy Company Profile

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Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.

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