Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report)’s stock price dropped 4.9% on Tuesday . The stock traded as low as $0.4212 and last traded at $0.4279. Approximately 24,676 shares changed hands during trading, a decline of 62% from the average daily volume of 65,249 shares. The stock had previously closed at $0.45.
Pine Cliff Energy Trading Down 0.2%
The firm’s 50-day moving average price is $0.45 and its 200-day moving average price is $0.52.
About Pine Cliff Energy
Pine Cliff Energy Ltd. is a publicly traded oil and natural gas producer headquartered in Calgary, Alberta. The company focuses on the exploration, development and production of light crude oil, natural gas and natural gas liquids in the Western Canadian Sedimentary Basin. Its core asset is a Montney play near Grande Prairie, Alberta, where it holds working interests in both conventional and tight gas reservoirs.
Pine Cliff’s operations are anchored by the Ante Creek natural gas processing facility, which provides gas gathering, processing and de-ethanization services.
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