Carnarvon Energy Limited (OTCMKTS:CVONF – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 99 shares, a decline of 99.3% from the June 30th total of 14,954 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 0.0 days.
Carnarvon Energy Price Performance
Shares of OTCMKTS CVONF remained flat at C$0.08 during midday trading on Friday. The stock’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. Carnarvon Energy has a 52 week low of C$0.06 and a 52 week high of C$0.09.
Carnarvon Energy Company Profile
Carnarvon Energy (OTCMKTS:CVONF) is an Australia‐based oil and gas exploration and production company focused on the North West Shelf region offshore Western Australia. The company holds both production and exploration permits in the Bedout Sub‐basin, targeting a mix of conventional and emerging hydrocarbon plays.
The flagship asset for Carnarvon is the Dorado project within Production Licence WA-437-P, where it holds a substantial equity stake alongside international industry partners.
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