Quaterra Resources (OTCMKTS:QTRRF) Shares Up 10.2% – Here’s What Happened

Shares of Quaterra Resources Inc. (OTCMKTS:QTRRFGet Free Report) were up 10.2% during trading on Wednesday . The company traded as high as $0.2052 and last traded at $0.2043. 11,502 shares traded hands during trading, a decline of 95% from the average daily volume of 218,964 shares. The stock had previously closed at $0.1854.

Quaterra Resources Trading Up 10.2%

The firm’s 50-day simple moving average is $0.22 and its two-hundred day simple moving average is $0.22.

Quaterra Resources Company Profile

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Quaterra Resources Inc is a mineral exploration and development company focused on the acquisition, evaluation and advancement of base and precious metal projects. The firm targets copper, gold and silver mineralization in under-explored districts with the potential to host large, high-grade deposits. Quaterra’s technical team applies modern exploration techniques to identify and define resource opportunities in established mining regions.

The company’s core activities include geochemical sampling, geological mapping, geophysical surveying and diamond drilling programs aimed at expanding known mineralized zones and testing new targets.

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