Orca Energy Group (OTCMKTS:ORXGF) Shares Up 1.3% – Still a Buy?

Shares of Orca Energy Group Inc. (OTCMKTS:ORXGFGet Free Report) shot up 1.3% during mid-day trading on Thursday . The company traded as high as $2.25 and last traded at $2.25. 910 shares were traded during trading, a decline of 82% from the average session volume of 5,159 shares. The stock had previously closed at $2.22.

Orca Energy Group Stock Performance

The business has a 50 day moving average price of $2.07 and a 200-day moving average price of $2.28.

Orca Energy Group Company Profile

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Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.

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