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

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

Mosman Oil and Gas Stock Up 32.0 %

The firm has a market cap of £6.43 million, a P/E ratio of -0.56 and a beta of 0.82. The firm 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.