Dno Asa (OTCMKTS:DTNOF) Shares Up 15.8% – Still a Buy?

Shares of Dno Asa (OTCMKTS:DTNOFGet Free Report) traded up 15.8% on Wednesday . The stock traded as high as $2.00 and last traded at $2.00. 953 shares changed hands during trading, a decline of 89% from the average session volume of 8,395 shares. The stock had previously closed at $1.7270.

Dno Asa Stock Up 15.8%

The business has a 50 day simple moving average of $1.73 and a 200-day simple moving average of $1.88.

About Dno Asa

(Get Free Report)

DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.

The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.

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