Mosman Oil and Gas (LON:MSMN) Trading 18.5% Higher – Here’s Why

Mosman Oil and Gas Limited (LON:MSMN)’s stock price traded up 18.5% during trading on Tuesday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 409,088,375 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 284,425,531 shares. The stock had previously closed at GBX 0.03 ($0.00).

Mosman Oil and Gas Trading Down 6.9%

The company has a market cap of £5.26 million, a price-to-earnings ratio of -0.56 and a beta of 0.82. The stock has a 50-day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.04.

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.