PetroTal (OTCMKTS:PTALF) Stock Price Down 2.9% – Here’s What Happened

PetroTal Corp. (OTCMKTS:PTALFGet Free Report) shares traded down 2.9% during mid-day trading on Thursday . The stock traded as low as $0.2850 and last traded at $0.2890. 887,407 shares traded hands during trading, an increase of 147% from the average session volume of 358,767 shares. The stock had previously closed at $0.2975.

PetroTal Price Performance

The stock has a 50 day simple moving average of $0.28 and a two-hundred day simple moving average of $0.39.

PetroTal Company Profile

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PetroTal Corp. is a Canada-based exploration and production company engaged in the development of oil and gas assets in Peru. Established with a focus on onshore hydrocarbon opportunities, the company’s primary operations center on Block 95 in the North Ucayali Basin. Through its wholly owned subsidiary PetroTal Peru SA, the company manages all aspects of field development, drilling, production and sales of light crude oil.

The core asset, the Bretaña oil field, reached first commercial production in December 2019.

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