Shares of PetroTal Corp. (OTCMKTS:PTALF – Get Free Report) fell 0.7% during trading on Wednesday . The company traded as low as $0.4004 and last traded at $0.4071. 261,410 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 334,601 shares. The stock had previously closed at $0.41.
PetroTal Stock Up 1.1%
The company’s 50 day simple moving average is $0.36 and its 200-day simple moving average is $0.37.
PetroTal Company Profile
PetroTal Corp. is a Canada-based exploration and production company engaged in the development of oil and gas assets in Peru. Established with a focus on onshore hydrocarbon opportunities, the company’s primary operations center on Block 95 in the North Ucayali Basin. Through its wholly owned subsidiary PetroTal Peru SA, the company manages all aspects of field development, drilling, production and sales of light crude oil.
The core asset, the Bretaña oil field, reached first commercial production in December 2019.
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