Mosman Oil and Gas (LON:MSMN) Stock Price Down 7.1% – Time to Sell?

Shares of Mosman Oil and Gas Limited (LON:MSMN) were down 7.1% during mid-day trading on Wednesday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 110,270,539 shares traded hands during trading, a decline of 49% from the average daily volume of 216,948,047 shares. The stock had previously closed at GBX 0.03 ($0.00).

Mosman Oil and Gas Stock Performance

The stock has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.04. The company has a market cap of £5.07 million, a P/E ratio of -0.56 and a beta of 0.82.

Mosman Oil and Gas Company Profile

Mosman Oil and Gas Limited engages in the exploration, development, and production of oil and gas properties in Australia and the United States. It holds a 100% interest in the Amadeus Basin in Central Australia; and owns interests in the Stanley, Livingston, Winters, Winters-2, Greater Stanley, Arkoma, and Cinnabar oil and gas producing assets.