Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Free Report) rose 12.3% on Wednesday . The company traded as high as $2.07 and last traded at $2.0430. Approximately 19,200 shares changed hands during mid-day trading, an increase of 476% from the average session volume of 3,332 shares. The stock had previously closed at $1.82.
Orca Energy Group Stock Performance
The stock’s 50-day moving average price is $1.99 and its 200-day moving average price is $2.45.
About Orca Energy Group
Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020. Orca Energy Group Inc was incorporated in 2004 and is based in Road Town, British Virgin Islands.
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