Bow Energy Ltd., (CVE:ONG – Get Free Report) rose 11.1% during mid-day trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 2,500 shares were traded during trading, a decline of 93% from the average daily volume of 36,193 shares. The stock had previously closed at C$0.18.
Bow Energy Ltd., Price Performance
The firm’s 50-day simple moving average is C$0.20 and its 200 day simple moving average is C$0.20.
About Bow Energy Ltd.,
Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia.
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