Mosman Oil and Gas (LON:MSMN) Trading 19.4% Higher – Should You Buy?

Shares of Mosman Oil and Gas Limited (LON:MSMNGet Free Report) rose 19.4% during mid-day trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 196,249,453 shares were traded during trading, an increase of 34% from the average daily 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 cap of £7.02 million, a P/E ratio of -0.56 and a beta of 0.82.

Mosman Oil and Gas Company Profile

(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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