Seven Generations Energy Ltd. (OTCMKTS:SVRGF – Get Free Report) shares dropped 2.1% during mid-day trading on Wednesday. The company traded as low as $6.71 and last traded at $6.71. Approximately 3,800 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 17,214 shares. The stock had previously closed at $6.8544.
Seven Generations Energy Trading Down 2.1%
The firm’s 50-day moving average is $6.71 and its 200-day moving average is $6.71.
About Seven Generations Energy
Seven Generations Energy Ltd. was a Canadian energy company engaged in the exploration, development and production of oil and natural gas. The company focused primarily on liquids-rich natural gas, condensate and natural gas liquids produced from unconventional resources.
Seven Generations’ operations were concentrated in the Kakwa area of west-central Alberta, within the Montney formation. Its activities included drilling and completing horizontal wells, developing natural gas and liquids production, and operating related gathering and processing infrastructure.
Headquartered in Calgary, Alberta, Seven Generations was led by President and Chief Executive Officer Marty Proctor during its final years as an independent company.
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