Petro Matad (OTCMKTS:PRTDF) Stock Crosses Above 200-Day Moving Average of $0.05

Petro Matad Limited (OTCMKTS:PRTDFGet Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.05 and traded as high as $0.05. Petro Matad shares last traded at $0.05, with a volume of 320 shares changing hands.

Petro Matad Stock Performance

The business’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.05.

Petro Matad Company Profile

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Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 218 square kilometers in Mongolia.

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