Dno Asa (OTCMKTS:DTNOF – Get Free Report) shares dropped 2.8% during mid-day trading on Wednesday . The stock traded as low as $1.9575 and last traded at $2.07. Approximately 5,294 shares changed hands during trading, a decline of 28% from the average daily volume of 7,346 shares. The stock had previously closed at $2.13.
Dno Asa Stock Down 3.9%
The company’s 50 day simple moving average is $2.09 and its 200 day simple moving average is $1.78.
Dno Asa Company Profile
DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.
The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.
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