Bri-Chem Corp (TSE:BRY)’s share price rose 11.1% on Friday . The company traded as high as C$0.70 and last traded at C$0.70. Approximately 63,214 shares changed hands during mid-day trading, an increase of 489% from the average daily volume of 10,739 shares. The stock had previously closed at C$0.63.
The firm has a 50-day moving average price of $0.60 and a 200 day moving average price of $0.55. The company’s market cap is $16.54 million.
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About Bri-Chem Corp
Bri-Chem Corp. is engaged in distribution and blending of oilfield drilling, completion, stimulation and production chemical fluids. The Company offers a range of drilling fluid products, cementing, acidizing and stimulation additives from over 27 strategically located warehouses throughout Canada and the United States.
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