Saturn Oil & Gas (OTCMKTS:OILSF) Trading 2.2% Higher – Time to Buy?

Saturn Oil & Gas Inc. (OTCMKTS:OILSFGet Free Report) shot up 2.2% during mid-day trading on Wednesday . The company traded as high as $4.95 and last traded at $4.84. 348,038 shares changed hands during trading, an increase of 217% from the average daily volume of 109,771 shares. The stock had previously closed at $4.7350.

Saturn Oil & Gas Price Performance

The firm’s 50-day moving average is $4.05 and its 200-day moving average is $4.07.

About Saturn Oil & Gas

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Saturn Oil & Gas Inc engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada. It is involved in the exploration and development of light oil assets in the Oxbow area of Southeast Saskatchewan; Viking light oil assets in West-Central Saskatchewan; Cardium light oil assets in Central Alberta; Montney and Swan Hills light oil in North Alberta. Saturn Oil & Gas Inc was incorporated in 2001 and is headquartered in Calgary, Canada.

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