PetroTal (OTCMKTS:PTALF) Trading Down 3% – Time to Sell?

PetroTal Corp. (OTCMKTS:PTALFGet Free Report) was down 3% during mid-day trading on Friday . The stock traded as low as $0.3733 and last traded at $0.3739. Approximately 595,801 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 477,514 shares. The stock had previously closed at $0.3853.

PetroTal Stock Performance

The stock has a 50-day moving average of $0.32 and a 200-day moving average of $0.35.

About PetroTal

(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 BretaƱa oil field, reached first commercial production in December 2019.

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