PetroTal (OTCMKTS:PTALF) Trading 2.4% Higher – Should You Buy?

PetroTal Corp. (OTCMKTS:PTALFGet Free Report) traded up 2.4% on Tuesday . The company traded as high as $0.4271 and last traded at $0.4199. 186,437 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 458,941 shares. The stock had previously closed at $0.41.

PetroTal Stock Up 2.4%

The stock has a fifty day moving average of $0.38 and a 200 day moving average of $0.34.

PetroTal Company Profile

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PetroTal Corp. is a Canada-based exploration and production company engaged in the development of oil and gas assets in Peru. Established with a focus on onshore hydrocarbon opportunities, the company’s primary operations center on Block 95 in the North Ucayali Basin. Through its wholly owned subsidiary PetroTal Peru SA, the company manages all aspects of field development, drilling, production and sales of light crude oil.

The core asset, the Bretaña oil field, reached first commercial production in December 2019.

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