Orca Energy Group (OTCMKTS:ORXGF) Stock Price Down 0.5% – Here’s Why

Orca Energy Group Inc. (OTCMKTS:ORXGFGet Free Report) was down 0.5% during mid-day trading on Monday . The stock traded as low as $1.82 and last traded at $1.88. Approximately 700 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 2,174 shares. The stock had previously closed at $1.89.

Orca Energy Group Price Performance

The firm’s 50-day moving average is $2.18 and its 200-day moving average is $2.50.

About Orca Energy Group

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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.

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