Mosman Oil and Gas (LON:MSMN) Trading Up 20% – Here’s Why

Mosman Oil and Gas Limited (LON:MSMN) rose 20% during trading on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 267,333,844 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 230,331,297 shares. The stock had previously closed at GBX 0.03 ($0.00).

Mosman Oil and Gas Price Performance

The stock has a market cap of £7.80 million, a price-to-earnings ratio of -0.56 and a beta of 0.82. The business has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.04.

Mosman Oil and Gas Company Profile

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.