Canadian Overseas Petroleum (LON:COPL) Share Price Crosses Above 50-Day Moving Average of $0.08

Canadian Overseas Petroleum Limited (LON:COPL)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.08 and traded as high as $0.11. Canadian Overseas Petroleum shares last traded at $0.10, with a volume of 95,845,566 shares trading hands.

The firm has a market capitalization of $3.31 million and a price-to-earnings ratio of -0.95. The business’s 50-day moving average is GBX 0.08 and its two-hundred day moving average is GBX 0.08.

Canadian Overseas Petroleum Company Profile (LON:COPL)

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the exploration and development of oil and natural gas offshore reserves in Africa. It holds a 17% working interest in the Block LB-13 located offshore Liberia; and 40% equity interest in the OPL 226 blocks located in the Niger Delta province, offshore Nigeria.

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