Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $0.38 and traded as high as $0.3867. Pine Cliff Energy shares last traded at $0.3802, with a volume of 155,175 shares.
Pine Cliff Energy Trading Up 1.0%
The company’s 50-day moving average price is $0.38 and its 200 day moving average price is $0.44.
About Pine Cliff Energy
Pine Cliff Energy Ltd. is a Canadian oil and natural gas exploration and production company focused on conventional assets in Alberta. The company primarily produces natural gas, along with associated crude oil and natural gas liquids, for sale into Canadian energy markets.
Pine Cliff’s operations are concentrated in several mature producing regions of Alberta, including central and southern Alberta. Its business strategy emphasizes acquiring, developing and optimizing established oil and gas properties, with a focus on extending the productive life of existing assets and improving operating efficiency.
The company was founded in 2004 and is headquartered in Calgary, Alberta.
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