Storm Resources (OTCMKTS:SRMLF) Trading Down 0.4% – Here’s Why

Storm Resources Ltd. (OTCMKTS:SRMLFGet Free Report)’s stock price traded down 0.4% during mid-day trading on Monday . The stock traded as low as $4.91 and last traded at $4.91. 2,000 shares were traded during trading, a decline of 60% from the average session volume of 5,026 shares. The stock had previously closed at $4.93.

Storm Resources Trading Down 0.4 %

The firm has a fifty day simple moving average of $4.91 and a 200-day simple moving average of $4.91.

Storm Resources Company Profile

(Get Free Report)

Storm Resources Ltd. operates as development company, which engages in the exploration and acquisition of oil, natural gas, and liquids reserves. It focuses on capital investment discipline with strict adherence to production and cash flow growth. It operates in northeast British Columbia and has a focused asset base with large land positions in resource plays at Umbach.

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