FAR Limited (OTCMKTS:FARYF – Get Free Report)’s share price was down 6.7% during mid-day trading on Thursday . The stock traded as low as $0.3871 and last traded at $0.3871. Approximately 5,684 shares were traded during mid-day trading, an increase of 3,689% from the average daily volume of 150 shares. The stock had previously closed at $0.4148.
FAR Stock Down 6.7%
The firm’s 50-day moving average price is $0.37 and its 200-day moving average price is $0.30.
About FAR
FAR Ltd (OTCMKTS: FARYF) is an independent oil and gas exploration and production company with a strategic focus on offshore West Africa. The company’s principal assets are located in the Mauritania–Senegal Basin, where it holds equity interests in deepwater exploration blocks. Through partnerships with industry players, FAR participates in appraisal and development activities aimed at advancing discovered hydrocarbon resources toward commercial production.
Since its establishment in 2002, FAR has built a portfolio of exploration licences that encompass both contingent gas resources and exploration upside.
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