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

Shares of Mosman Oil and Gas Limited (LON:MSMNGet Free Report) fell 7.1% during mid-day trading on Wednesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 1,123,993,375 shares traded hands during trading, an increase of 255% from the average session volume of 316,240,969 shares. The stock had previously closed at GBX 0.04 ($0.00).

Mosman Oil and Gas Trading Down 7.1 %

The stock has a 50-day simple moving average of GBX 0.05 and a 200-day simple moving average of GBX 0.04. The company has a market cap of £7.60 million, a price-to-earnings ratio of -0.56 and a beta of 0.82.

About Mosman Oil and Gas

(Get Free Report)

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.

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