Toro Energy (OTCMKTS:TOEYF) Stock Price Down 7% – Should You Sell?

Shares of Toro Energy Limited (OTCMKTS:TOEYFGet Free Report) dropped 7% during trading on Tuesday . The stock traded as low as $0.20 and last traded at $0.20. Approximately 8,540 shares changed hands during trading, an increase of 69% from the average daily volume of 5,063 shares. The stock had previously closed at $0.22.

Toro Energy Stock Performance

The firm’s fifty day moving average is $0.15 and its 200 day moving average is $0.21.

Toro Energy Company Profile

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Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. The company explores for uranium, nickel, gold, and base metals. Its flagship project is the Wiluna uranium project located in the northern goldfields region of Western Australia. Toro Energy Limited is headquartered in West Perth, Australia.

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