Gear Energy Ltd. (OTCMKTS:GENGF – Get Free Report) traded down 3.2% during trading on Tuesday . The stock traded as low as $0.3301 and last traded at $0.3330. 135,555 shares were traded during mid-day trading, an increase of 6% from the average session volume of 128,194 shares. The stock had previously closed at $0.3441.
Gear Energy Stock Performance
The stock has a 50 day moving average of $0.33 and a 200-day moving average of $0.33.
About Gear Energy
Gear Energy Ltd. is a Calgary-based oil and gas exploration and production company listed on the OTC Markets under the ticker GENGF. The company focuses on the identification, development and optimization of low-decline oil and natural gas reserves in Western Canada. Gear Energy employs a disciplined capital allocation strategy to maintain a strong balance sheet while pursuing value-driven drilling and acquisition opportunities within its core operating areas.
Gear Energy’s asset portfolio is concentrated in the Alberta Deep Basin, where it holds working interests in both conventional natural gas plays and light oil formations.
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