Mosman Oil and Gas (LON:MSMN) Trading Down 7.1% – Here’s Why

Mosman Oil and Gas Limited (LON:MSMN)’s stock price dropped 7.1% on Friday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 58,673,074 shares changed hands during trading, a decline of 82% from the average daily volume of 325,724,531 shares. The stock had previously closed at GBX 0.03 ($0.00).

Mosman Oil and Gas Stock Down 7.1 %

The business has a 50-day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.05. The firm has a market capitalization of £5.07 million, a P/E ratio of -0.56 and a beta of 0.82.

Mosman Oil and Gas Company Profile

Mosman Oil and Gas Limited engages in the exploration, development, and production of oil and gas properties in Australia and the United States. It holds a 100% interest in the Amadeus Basin in Central Australia; and owns interests in the Stanley, Livingston, Winters, Winters-2, Greater Stanley, Arkoma, and Cinnabar oil and gas producing assets.