Granite Oil Corp (OTCMKTS:GXOCF – Get Free Report) shares were down 1.1% during mid-day trading on Thursday . The stock traded as low as $0.68 and last traded at $0.69. Approximately 49,600 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 37,302 shares. The stock had previously closed at $0.70.
Granite Oil Price Performance
The stock’s 50-day simple moving average is $0.69 and its 200 day simple moving average is $0.69.
About Granite Oil
Granite Oil Corp. engages in the exploration for, exploitation, development, and production of oil and natural gas in Canada. The company holds a 98% working interest in the Alberta Bakken properties covering 56,409 net undeveloped acres and 72,652 net developed acres with 68.0 net oil wells and 83.0 net gas wells located in southern Alberta.
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