Bow Energy Ltd., (CVE:ONG) Trading 11.1% Higher

Bow Energy Ltd., (CVE:ONG) shares traded up 11.1% during trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. 2,500 shares traded hands during trading, a decline of 93% from the average session volume of 36,193 shares. The stock had previously closed at C$0.18.

The stock has a 50-day simple moving average of C$0.20 and a 200 day simple moving average of C$0.20.

Bow Energy Ltd., Company Profile (CVE:ONG)

Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia.

See Also: What is Compound Annual Growth Rate (CAGR)?

Receive News & Ratings for Bow Energy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bow Energy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.