Mosman Oil and Gas (LON:MSMN) Trading 8.3% Higher – Here’s Why

Mosman Oil and Gas Limited (LON:MSMNGet Free Report)’s share price shot up 8.3% during trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 1,209,931,500 shares were traded during mid-day trading, an increase of 283% from the average session volume of 316,022,500 shares. The stock had previously closed at GBX 0.04 ($0.00).

Mosman Oil and Gas Trading Down 2.4 %

The business’s fifty day moving average price is GBX 0.05 and its 200 day moving average price is GBX 0.04. The firm has a market capitalization of £7.99 million, a price-to-earnings ratio of -0.56 and a beta of 0.82.

Mosman Oil and Gas Company Profile

(Get Free Report)

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.

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