Shares of Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report) were up 1.8% during trading on Friday . The company traded as high as $0.5170 and last traded at $0.5135. Approximately 83,865 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 55,130 shares. The stock had previously closed at $0.5046.
Pine Cliff Energy Stock Performance
The company’s 50 day moving average price is $0.56 and its two-hundred day moving average price is $0.53.
Pine Cliff Energy Company Profile
Pine Cliff Energy Ltd. is a publicly traded oil and natural gas producer headquartered in Calgary, Alberta. The company focuses on the exploration, development and production of light crude oil, natural gas and natural gas liquids in the Western Canadian Sedimentary Basin. Its core asset is a Montney play near Grande Prairie, Alberta, where it holds working interests in both conventional and tight gas reservoirs.
Pine Cliff’s operations are anchored by the Ante Creek natural gas processing facility, which provides gas gathering, processing and de-ethanization services.
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