Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Free Report)’s share price shot up 15.6% on Thursday. The stock traded as high as $2.0420 and last traded at $1.9760. Approximately 2,518 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 3,530 shares. The stock had previously closed at $1.71.
Orca Energy Group Stock Up 1.2%
The stock’s 50 day moving average is $1.85 and its 200 day moving average is $2.20.
About Orca Energy Group
Orca Energy Group Inc is an international natural gas company focused on the exploration, development and production of natural gas resources in Tanzania. Through its operating interests in the country, the company has been involved in supplying domestically produced natural gas to Tanzania’s energy market.
The company’s principal asset is associated with the Songo Songo gas field and related infrastructure. Its Tanzanian operations have historically included the processing, transportation and sale of natural gas to customers such as power generators, industrial users and commercial businesses.
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