Shares of FAR Limited (OTCMKTS:FARYF – Get Free Report) rose 6.3% during trading on Wednesday . The company traded as high as $0.31 and last traded at $0.31. Approximately 6,500 shares changed hands during trading, an increase of 75% from the average daily volume of 3,713 shares. The stock had previously closed at $0.29.
FAR Trading Up 6.3 %
The company’s 50-day moving average price is $0.31 and its 200 day moving average price is $0.28.
About FAR
FAR Limited operates as an oil and gas exploration and development company with primary assets in West Africa and Australia. The company holds a portfolio of exploration licenses in the Gambia and Guinea-Bissau. It also holds a petroleum exploration permit in Western Australia. The company was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010.
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