PetroTal (OTCMKTS:PTALF) Trading 8.9% Higher – Still a Buy?

PetroTal Corp. (OTCMKTS:PTALFGet Free Report)’s stock price shot up 8.9% during trading on Thursday . The company traded as high as $0.3485 and last traded at $0.3485. 1,278,546 shares changed hands during mid-day trading, an increase of 248% from the average session volume of 367,359 shares. The stock had previously closed at $0.32.

PetroTal Trading Up 8.9%

The firm has a 50-day simple moving average of $0.29 and a 200-day simple moving average of $0.36.

PetroTal Company Profile

(Get Free Report)

PetroTal Corp. is a Canada-based exploration and production company engaged in the development of oil and gas assets in Peru. Established with a focus on onshore hydrocarbon opportunities, the company’s primary operations center on Block 95 in the North Ucayali Basin. Through its wholly owned subsidiary PetroTal Peru SA, the company manages all aspects of field development, drilling, production and sales of light crude oil.

The core asset, the Bretaña oil field, reached first commercial production in December 2019.

Read More

Receive News & Ratings for PetroTal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetroTal and related companies with MarketBeat.com's FREE daily email newsletter.