Mosman Oil and Gas (LON:MSMN) Trading 19.4% Higher – Here’s Why

Mosman Oil and Gas Limited (LON:MSMNGet Free Report) shot up 19.4% during trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 196,249,453 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 146,572,313 shares. The stock had previously closed at GBX 0.03 ($0.00).

Mosman Oil and Gas Stock Performance

The company’s 50-day moving average price is GBX 0.04 and its 200 day moving average price is GBX 0.05. The stock has a market capitalization of £7.02 million, a PE ratio of -0.56 and a beta of 0.82.

About Mosman Oil and Gas

(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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