Seven Generations Energy (OTCMKTS:SVRGF) Shares Down 2.1% – Time to Sell?

Shares of Seven Generations Energy Ltd. (OTCMKTS:SVRGF) were down 2.1% during mid-day trading on Tuesday . The company traded as low as $6.71 and last traded at $6.71. Approximately 3,800 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 17,214 shares. The stock had previously closed at $6.8544.

Seven Generations Energy Stock Down 2.1%

The company’s fifty day moving average is $6.71 and its two-hundred day moving average is $6.71.

Seven Generations Energy Company Profile

Seven Generations Energy Ltd. is a Canadian oil and gas exploration and production company focused on the development of unconventional natural gas and natural gas liquids in Western Canada. As an upstream operator, the company’s activities include the acquisition, exploration, drilling, completion and production of Montney shale resources. Its core product mix comprises natural gas, condensate and light hydrocarbons, which are marketed to domestic and export markets via established pipeline networks and midstream partnerships.

The company’s primary assets are located in the Montney formation across northeastern British Columbia and northwestern Alberta, where it has established multi-well pads, compression facilities and liquids handling infrastructure.