WesternZagros Resources ULC, (CVE:WZR – Get Free Report) shares crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of C$0.28 and traded as low as C$0.28. WesternZagros Resources ULC, shares last traded at C$0.28, with a volume of 26,847 shares changing hands.
WesternZagros Resources ULC, Price Performance
The stock’s 50 day simple moving average is C$0.28 and its two-hundred day simple moving average is C$0.27.
About WesternZagros Resources ULC,
WesternZagros Resources ULC, formerly WesternZagros Resources Ltd, is a Canada-based international oil and gas company. The Company is focused on acquiring properties and exploring for, developing and producing crude oil and natural gas in the Kurdistan Region of Iraq. The Company, through its subsidiaries, holds working interest in each of the Garmian production sharing contract (PSC) and the Kurdamir PSC. The Garmian Block includes the Sarqala discovery containing an estimated of approximately 10 million barrels of proved plus probable (2P) oil reserves and unrisked P50 prospective oil resources of over 60 million barrels (both Gross Block).
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