Shares of Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report) dropped 2.4% during mid-day trading on Tuesday . The company traded as low as $0.52 and last traded at $0.53. Approximately 50,171 shares were traded during trading, a decline of 42% from the average daily volume of 87,202 shares. The stock had previously closed at $0.54.
Pine Cliff Energy Trading Down 2.4 %
The firm has a fifty day moving average price of $0.62 and a 200 day moving average price of $0.65.
About Pine Cliff Energy
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.
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