Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $0.84 and traded as high as $0.8418. Rockhopper Exploration shares last traded at $0.8418, with a volume of 2,500 shares changing hands.
Rockhopper Exploration Stock Up 5.2%
The company’s fifty day moving average price is $0.84 and its two-hundred day moving average price is $0.97.
Rockhopper Exploration Company Profile
Rockhopper Exploration plc is an oil and gas exploration and production company focused primarily on the Falkland Islands. Its activities include identifying, evaluating and developing offshore hydrocarbon resources, with its portfolio centered on the North Falkland Basin.
The company’s principal asset is the Sea Lion field, a discovered offshore oil field in the North Falkland Basin. Rockhopper holds an interest in the project and works with its partners on appraisal, development planning and potential future production.
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