Mosman Oil and Gas (LON:MSMN) Trading Down 8.8% – Here’s What Happened

Mosman Oil and Gas Limited (LON:MSMN) was down 8.8% during mid-day trading on Friday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 81,295,148 shares were traded during trading, a decline of 55% from the average daily volume of 180,648,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Mosman Oil and Gas Trading Down 2.9 %

The business has a fifty day simple moving average of GBX 0.04 and a 200 day simple moving average of GBX 0.04. The stock has a market capitalization of £6.43 million, a P/E ratio of -0.56 and a beta of 0.82.

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.