Granite Oil (OTCMKTS:GXOCF) Trading 2.6% Higher

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Granite Oil Corp (OTCMKTS:GXOCF)’s share price shot up 2.6% during trading on Wednesday . The company traded as high as $0.32 and last traded at $0.32, 23,011 shares traded hands during mid-day trading. An increase of 48% from the average session volume of 15,570 shares. The stock had previously closed at $0.31.

The business’s 50 day moving average price is $0.36 and its 200 day moving average price is $0.46.

About Granite Oil (OTCMKTS:GXOCF)

Granite Oil Corp. engages in the exploration for, exploitation, development, and production of oil and natural gas in Canada. The company holds a 98% working interest in the Alberta Bakken properties covering 56,409 net undeveloped acres and 72,652 net developed acres with 68.0 net oil wells and 83.0 net gas wells located in southern Alberta.

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