Prio (OTCMKTS:PTRRY) Shares Up 4.3% – Time to Buy?

Prio S.A. (OTCMKTS:PTRRYGet Free Report) shares were up 4.3% during mid-day trading on Thursday . The stock traded as high as C$9.04 and last traded at C$9.04. Approximately 3,273 shares were traded during trading, a decline of 92% from the average daily volume of 42,598 shares. The stock had previously closed at C$8.67.

Prio Trading Up 5.1%

The firm’s 50-day moving average price is C$7.58 and its 200 day moving average price is C$7.41.

Prio Company Profile

(Get Free Report)

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.

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